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Data Story: Aluminium price touches 4-month high at LME on Chinese demand prospects

in Commodity, Data Story
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Data Story: LME Aluminium price remains stable despite tariff concerns
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Debasis Mohapatra

Bengaluru, 28 July 2025

Aluminium prices at London Metal Exchange (LME) jumped to four-month high, closing at $2,657 per tonne (cash price) on 25th July, 2025. This was around $70 higher than the same period of last month.

The rise in LME aluminium price is largely driven by optimistic outlook for the metal in China. As hopes of a trade deal between US & China grows, industry participants expect the uncertainty around trade norms to recede in coming days. Moreover, the grand plan to build a large hydropower dam in Tibet.

Price Snapshot:

Futures contract (Date)LME Future Contract Price (3-month)
July 17, 2025$2,578
July 18, 2025$2,629
July 21, 2025$2,646.5
July 22, 2025$2,658.5
July 23, 2025$2,651
July 24, 2025$2,647
July 25, 2025$2,635.5

(Source: LME, DBT Research)

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