Aluminium Inventory
Macro sentiment relatively cautious, consumption resilience underpins aluminium prices
Futures: SHFE aluminium closed at RMB 23,145 per tonne, edging down 0.19 per cent. Although prices held above MA5 (23,077) and MA10 (23,044), they remained capped by MA30 (23,760) and MA60 (23,767), with the overall market in a consolidation phase following the sharp decline. The MACD indicator's dual lines (DIF=-261.81, DEA=-237.16) operated below the zero axis, with the green bar expanding to -49.29, failing to extend the previous day's bottom divergence repair, indicating fading rebound momentum. Trading volume shrank to 54,800 lots, with market activity turning cautious. The suggested core trading range for SHFE aluminium is 22,700-23,500. LME aluminium closed at USD 3,008 per tonne, edging up 0.07 per cent. Prices barely held above MA5 (3,002.4) but remained pressured by MA10...
LME aluminium cash bid rises to $3,032.50/t as alumina prices climb 1.60%
LME aluminium cash prices edged higher on October 22, while three-month and December 2027 contracts moved lower. The Asian Reference Price also declined, whereas alumina Platts prices posted a stronger gain. Exchange stocks recorded small changes, with live warrants remaining stable. On October 22, the cash bid increased 0.08 per cent to USD 3,032.50 per tonne from USD 3,030 per tonne . The cash offer rose 0.07 per cent to USD 3,033 per tonne, which was USD 3,031 per tonne previously. Three-month aluminium prices weakened, with the bid falling 0.55 per cent to USD 3,007.50 per tonne from USD 3,024 per tonne . The offer decreased 0.54 per cent to USD 3,008 per tonne from USD 3,024.50 per tonne. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: "...
Grow with
AL Circle
Price
→Events
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
SMM AICE 2026 Southeast Asia Aluminum Conference
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
SMM AICE 2026 Southeast Asia Aluminum Conference
Business Cards
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MORE
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREGlobal EV sales to hit 35.4 million by 2030, with aluminium usage forecast to rise 38% in North America & 79% in China
AL Circle analysis: How do Germany’s 32.8% automotive aluminium share, 40% Diet Coke can price rise & 3.54Mt North American extrusion demand matter?
AL Circle Analysis: Guinea’s 150Mt bauxite cap, China’s import swings, US tariffs draw aluminium Q4’26
EU approves Germany’s power relief instrument: Could aluminium producers save €459m annually?
North America’s aluminum extrusion demand set to reach 3.54Mt by 2035: The end-use sectors behind the climb
News
SMM daily inventory data of aluminium ingots in three regions
As of October 22, SMM statistics show that the social inventory of aluminium ingots across the three regions in China stands at the 430,000 tonnes level, continuing to decline from the previous trading day, marking eight consecutive working days of destocking. By region, Guangdong saw notable destocking, serving as the main source of the decline across the three regions; Wuxi and Gongyi held flat inventories with limited changes. Overall, downstream cargo pick-up continued after the holiday, with inventories across the three regions steadily being absorbed, providing support for spot premiums. For complete regional inventory data, historical series, and detailed changes, please log in to the SMM data terminal. Note: This article has been shared by SMM and has been published by AL Circle...
LME aluminium price recovers on October 21: Cash gains 1%; stocks slip to 236,225t
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...
LME aluminium cash offer price falls 0.51% to $3,003.5/t as stocks decline to 236,375t
London Metal Exchange (LME) aluminium prices declined across cash, three-month and December 2027 contracts on October 20 compared with October 19. The cash offer price fell by 0.51 per cent to USD 3,003.5 per tonne , while the three-month offer price decreased by 0.50 per cent to USD 2,997 per tonne. The LME aluminium cash bid price declined by 0.51 per cent from USD 3,018.50 per tonne on October 19 to USD 3,003 per tonne on October 20. The cash offer price decreased by 0.51 per cent from USD 3,019 per tonne to USD 3,003.5 per tonne. Similarly, the three-month bid price fell by 0.47 per cent from USD 3,010 per tonne to USD 2,996 per tonne, while the offer price dropped by 0.50 per cent from USD 3,012 per tonne to USD 2,997 per tonne. Explore- Most comprehensive and forward-looking...
Aluminium prices return to February levels as supply-chain pressures persist
London Metal Exchange (LME) three-month aluminium prices have returned to just above USD 3,000 per tonne, close to their levels in early February, before US and Israeli military operations against Iran began. However, the apparent stability in prices masks continuing pressure across the physical aluminium supply chain, following Iranian missile attacks on Gulf smelters and disruptions to shipping through the Strait of Hormuz. Almost 3 million tonnes of aluminium production capacity has been knocked out by the disruptions. Eight months later, the market appears relatively unconcerned, with traders relying on rising output from Indonesia and increased Chinese exports of aluminium products to compensate for the shortfall until Gulf smelters recover and shipping through the Strait of Hormuz...
October 20, 2026 SMM daily inventory data of aluminium ingots in three regions
As of October 20, SMM statistics show domestic aluminium ingot social inventory across the three regions stood at the 450,000-million-tonne level, down further from the previous trading day, marking six consecutive working days of destocking. By region, all three regions saw destocking, with Guangdong and Wuxi posting relatively notable declines, while Gongyi edged down, and the scope of destocking expanded from the prior period. Overall, post-holiday cargo pick-up by downstream users remained steady, and inventory across the three regions continued to be absorbed, supporting spot premiums. For complete regional inventory data, historical series, and detailed changes, please log in to the SMM data terminal. Note: This article has been shared by SMM and has been published by AL Circle with...
LME aluminium price rises to $3,019/t as contracts, opening stocks dip on October 19
The London Metal Exchange (LME) aluminium price chart continued to report gains over the October 15 close across the pricing segment on the October 19 trading session. Near-term and long-term contracts, however, registered an eased trend. The LME aluminium cash bid jumped from USD 3,013 per tonne to USD 3,018.5 per tonne, rising 0.18 per cent. The offer price moved from USD 3,014 per tonne to USD 3,019 per tonne, up 0.17 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid contracted by 0.05 per cent to USD 3,010 per tonne from USD 3,011.5 per tonne. Meanwhile, the offer price reported no change from USD 3,012 per tonne....
Blog
LATEST POSTS
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans
