LME aluminium prices strengthened on November 25, with the cash bid rising to USD 2,786.50 per tonne and the cash offer to USD 2,787 per tonne, up from USD 2,776 and USD 2,776.5 on November 24. This reflects a 0.38 per cent increase in both bid and offer prices day-on-day.
The 3-month contract also firmed, with the bid at USD 2,813 per tonne and the offer at USD 2,815 per tonne, compared with USD 2,807.5 and USD 2,808 a day earlier. The move represents a 0.20 per cent rise in the 3-month bid and a 0.25 per cent increase in the 3-month offer.
For the December 2026 contract, the bid price climbed to USD 2,852 per tonne and the offer to USD 2,857 per tonne, up from USD 2,845 and USD 2,850 on November 24—an increase of 0.25 per cent on both sides.
The LME aluminium 3-month Asian Reference Price on November 25 stood at USD 2,800.50 per tonne, while LME alumina Platts was assessed at USD 319.15 per tonne.
Stocks showed a marginal decline, with LME aluminium opening stock slipping from 545,950 tonnes on November 24 to 543,725 tonnes on November 25, a 0.41 per cent decrease.
Live warrants were unchanged at 484,100 tonnes, while cancelled warrants declined from 61,850 tonnes to 59,625 tonnes, a drop of 3.59 per cent.