LME aluminium price recovers on October 21: Cash gains 1%; stocks slip to 236,225t
Stock image for referential purposes only
The London Metal Exchange (LME) aluminium prices improved in the October 21 session after a decline in the October 20 trading session. A gain of nearly 1 per cent was reported across the pricing and contract segments, while stocks recorded a consistent decline.
The LME aluminium cash bid price gained 0.91 per cent day-on-day, up from USD 3,003 per tonne to USD 3,030 per tonne. The offer price edged up from USD 3,003.5 per tonne to USD 3,031 per tonne, rising by 0.92 per cent.
Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook
On October 21, the LME aluminium three-month bid price climbed from USD 2,996 per tonne on October 20 to USD 3,024 per tonne, marking a 0.94 per cent surge. The offer price recorded an improvement of 0.92 per cent, moving from 2,997 per tonne to USD 3,024.50 per tonne.
On the longer-dated contracts, both the Dec-27 bid and offer prices recorded a 0.85 per cent gain over the previous session. The bid closed at USD 2,978 per tonne, climbing from USD 2,953 per tonne, and the offer soared to USD 2,983 per tonne from USD 2,958 per tonne.
Unlock key insights from leading companies and experts across the aluminium ecosystem with our e-Magazine - Mine to Market: ALuminium Producers & Manufacturers 2026
The LME aluminium three-month Asian Reference Price closed at USD 3,041.5 on October 21, reporting a gain of 1.3 per cent from USD 3,002.5 per tonne on October 20.
LME aluminium stocks recorded a further decline as of October 21. The opening stocks slipped from 236,375 tonnes to 236,225 tonnes, posting a 0.06 per cent difference.
Live warrants remained stable at 221,350 tonnes.
Again, cancelled warrants slipped by 0.67 per cent from 14,875 tonnes and closed at 14,775 tonnes.
LME alumina Platts price held steady at USD 384.27 per tonne on October 21.
Trading aluminium across borders? Find out the exact cost you need to bear for the embedded carbon in the product by using this CBAM calculator.
Mexico seeks US tariff relief on aluminium, steel and vehicles before end of 2026
Next articleTechnical rebound combined with destocking support; Marginal supply increase limits aluminium price upside
Grow with
AL Circle
