Tag: EV aluminium demand

Global aluminium market records bullish momentum w-o-w on tight supply, rising demand

Jan 31, 2026

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by

Neha TU

in Aluminium

LME aluminium prices rose 2.5% w-o-w China’s policy support boosted investor confidence Benchmark aluminium prices on the LME rose 2.5% in the week ended 30 January 2026, climbing to near four-year highs as a weaker US dollar lifted risk appetite. Tight global inventories, power uncertainties at Indonesian smelters, and steady EV and grid demand supported…