Debasis Mohapatra
Bengaluru, 19 August 2025
Aluminium prices have fallen by more than $60 at London Metal Exchange in the last three weeks owing to the US decision to levy 50% tariff on derivative products of aluminium.
On Monday, LME aluminium price fell by more than 0.5% to settle at $2,586 per tonne (on cash contract).
The 3-month futures price also fell to $2,588 per tonne at LME.
Notably, the Trump administration on Friday added several derivative products of steel and aluminium to 50% tariff list. According to experts, such high tariff is likely to adversely impact the demand for various products of the metal in the US. High inventory could be another reason for price correction in the metal.
However, the present aluminium price is more than $100 higher than the level seen in the first week of June.
Price Snapshot:
| Future Contract (Date) | LME Future Contract Price (3-month) |
| 12th August 2025 | $2,619.5/ tonne |
| 13th August 2025 | $2,616/ tonne |
| 14th August 2025 | $2,619.5/ tonne |
| 15th August 2025 | $2,607/ tonne |
| 18th August 2025 | $2,588.5/ tonne |
