2026-11-09 19:27:07
LME Aluminum Inventories Plunge 56% This Year to 1990 Low Amid Supply Squeeze
According to Bloomberg, LME aluminum inventories have plunged 56% this year to their lowest level since 1990, creating severe supply tightness in global aluminum markets. Both the London Metal Exchange and Shanghai markets exhibit backwardation structures—spot prices trading above forward contracts—