Inventory

Domestic aluminium ingot accumulation after National Day Holiday expected to be moderate and controllable
02 OCT 20263MINS

Domestic aluminium ingot accumulation after National Day Holiday expected to be moderate and controllable

Ahead of the National Day holiday, domestic aluminium ingot inventories continued to set fresh year-to-date lows. According to SMM statistics, as of September 30, electrolytic aluminium ingot inventories in China's major consuming regions stood at 638,000 tonnes, down 36,000 tonnes from Monday and 40,000 tonnes from last Thursday. The pace of pre-holiday destocking was relatively fast overall, leaving ample buffer for inventory accumulation during the holiday. Source: SMM On the supply side, domestic downstream demand recovered somewhat month on month in September, but processing fees for some fabricated products came under pressure, leading some downstream enterprises to cut or suspend production, which lowered their willingness to purchase molten aluminium and pulled the...

02 OCT 20262MINS

LME aluminium price drops 2.62% as stocks remain stable at 241,375t on October 1

The London Metal Exchange (LME) aluminium price graph dropped further in the October 1 trading session, reporting major declines of 2 per cent and above across the pricing and contract segments. Stocks in the aluminium inventory remained stable for three consecutive days. The LME aluminium cash price dipped by 2.6 per cent from USD 3,203 per tonne to USD 3,119.5 per tonne. The offer price moved from USD 3,204 per tonne to USD 3,120 per tonne, representing a slightly higher 2.62 per cent plunge. 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 slumped from USD 3,208 per tonne to USD 3,130 per tonne, decreasing by 2.43 per cent. The offer...


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LME aluminium price drops nearly 1%; stocks hold firm at 241,375t on September 29
Primary AL30 SEPT 2026

LME aluminium price drops nearly 1%; stocks hold firm at 241,375t on September 29

The London Metal Exchange (LME) aluminium price graph continues to drop nearly 1 per cent across the pricing and contract segments in the September 29 trading session, reporting declines over the September 28 close . Opening stocks hold firm and cancelled warrants report a rise. The LME aluminium cash bid and offer prices dipped by 0.71 per cent day-on-day. The bid contracted from USD 3,248 per tonne to USD 3,225 per tonne. The offer price moved from USD 3,248.5 per tonne to USD 3,225.5 per tonne. 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 slumped from USD 3,251.5 per tonne to USD 3,231 per tonne, decreasing by 0.63 per cent. The...

Aluminium prices consolidate ahead of National Day holiday; watch for post-holiday inventory buildup and concentrated arrivals risks
Primary AL25 SEPT 2026

Aluminium prices consolidate ahead of National Day holiday; watch for post-holiday inventory buildup and concentrated arrivals risks

1. Macro perspective The US-Iran conflict entered its second week. After the escort coalition intervened, traffic through the Strait of Hormuz partially recovered, but war risk insurance rates remained elevated. Brent crude pulled back from a high of USD 101 to consolidate around USD 95, with energy cost support weakening from earlier levels but not yet fading. The US Fed delivered a 25bp rate hike at its September FOMC meeting, and the dot plot indicated one more hike may still occur this year. Chair Warsh struck a hawkish tone in his post-meeting remarks, and the US dollar index held at a 13-month high. Next week, attention turns to China's official PMI on September 30, as well as US PCE and non-farm payrolls data during the National Day holiday—with China's market closed for seven days...

China Aug aluminium imports down 14.7% Y-o-Y, Russia accounts for 96% of supply
Primary AL25 SEPT 2026

China Aug aluminium imports down 14.7% Y-o-Y, Russia accounts for 96% of supply

According to data released by the General Administration of Customs of the People's Republic of China (GACC), China's total primary aluminium imports reached 185,500 tonnes in August 2026, down 14.65 per cent year-on-year but up 0.16 per cent month-on-month. Total imports for January-August amounted to 1.66 million tonnes, a decrease of 3.41 per cent year-on-year. The 14.65 per cent year-on-year decline in August imports, coupled with a nearly flat month-on-month performance, indicates that imports have not collapsed but rather maintained a steady inflow. In August, China's total primary aluminium exports stood at 21,900 tonnes, down 14.53 per cent year-on-year and 30.48 per cent month-on-month. Cumulative exports for January-August totalled 167,500 tonnes, up 9.26 per cent year-on-year....

LME aluminium price graph drops to $3,228/t as stocks dip by 0.31% on September 24
Primary AL25 SEPT 2026

LME aluminium price graph drops to $3,228/t as stocks dip by 0.31% on September 24

The London Metal Exchange (LME) aluminium price graph continues to drop across the pricing and contract segments on the September 24 trading session, reporting declines over the September 23 close . The LME aluminium cash bid slumped from USD 3,239.5 per tonne to USD 3,227 per tonne, rising 0.39 per cent. The offer price moved from USD 3,240 per tonne to USD 3,228 per tonne, dropping by 0.37 per cent. 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 from USD 3,258 per tonne to USD 3,252 per tonne, decreasing by 0.18 per cent. The offer price plunged from USD 3,260 per tonne to USD 3,252.5 per tonne, representing a 0.23 per cent...

LME aluminium price drops further to $3,262.5/t on September 21; stocks hold steady
Primary AL22 SEPT 2026

LME aluminium price drops further to $3,262.5/t on September 21; stocks hold steady

The London Metal Exchange (LME) aluminium price graph dropped further on September 21 across all the pricing segments of cash and contracts. The aluminium opening stocks, however, remained steady. The LME aluminium cash bid price shifted from USD 3,283 per tonne on September 18 to USD 3,261.5 per tonne on September 21, down 0.65 per cent. The LME aluminium cash offer price dipped from USD 3,285 per tonne to USD 3,262.5 per tonne, easing by 0.68 per cent day-on-day. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” The LME aluminium three-month bid and offer prices reported a 0.27 per cent decline. The bid closed at USD 3,272.5 per tonne, compared to...

LME aluminium prices recover up to 1.64% as stocks fall to 243,600t
Primary AL17 SEPT 2026

LME aluminium prices recover up to 1.64% as stocks fall to 243,600t

London Metal Exchange (LME) aluminium prices rebounded on September 16, with cash and forward contracts moving higher from the previous session. Warehouse stocks edged down, while the Asian reference price and alumina Platts price also increased. The LME aluminium cash bid and offer price rose 1.53 per cent. The cash bid rose to USD 3,309.50 per tonne from USD 3,260 per tonne , while the cash offer rose to USD 3,310 per tonne from USD 3,260 per tonne. The three-month aluminium bid price climbed 1.64 per cent to USD 3,288 per tonne from USD 3,235 per tonne. The offer price also rose 1.64 per cent to USD 3,289 per tonne from USD 3,236 per tonne. The Dec-27 bid and offer prices both rose 1.55 per cent from the previous session, with the bid increasing to USD 3,202 per tonne from USD 3,153...

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