What is LME aluminium?

(September 2020) LME Aluminium (or LME Aluminum in American and Canadian English) stands for a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of primary Aluminium that can be used for price hedging, physical delivery of sales or purchases, investment, and speculation.

Which companies use LME aluminium contracts to hedge aluminium prices?

Notable companies that use LME Aluminium contracts to hedge Aluminium prices include General Motors, Boeing, and Alcoa.

How is the aluminum market changing?

The aluminum market is constantly changing, besides product information there is a great demand for current prices and real time LME aluminium prices. Aluminum is made by the raw material bauxite alumina to extract. Less than a hundred years later, aluminum is impossible not to think of in the world.

How important is supply and demand for aluminium prices?

Through past experience we have learned that not only supply and demand is an important part for the historical aluminium prices, but above expectations and sentiments in the financial sector, the price of aluminum determination. At Metal Radar, we love what we do.