Tag: aluminium inventory LME

  • LME aluminium prices dip w-o-w despite Middle East supply risks

    LME aluminium prices dip w-o-w despite Middle East supply risks

    Inventory drawdown fails to offset macroeconomic pressures EGA reroutes cargoes, easing immediate supply fears Benchmark aluminium prices on the London Metal Exchange (LME) declined marginally by 0.4% in the week ended 27 March 2026, reflecting cautious market sentiment amid macroeconomic headwinds. While supply-side concerns continued, they eased slightly due to producers exploring alternative routes. Pricing,…