Report post

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 much LME aluminium stock in 2021?

01. June 2021 2,461.50 2,485.00 1,707,000 date LME Aluminium Cash-Settlement LME Aluminium 3-month LME Aluminium stock

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.

The World's Leading Crypto Trading Platform

Get my welcome gifts