Global Trade
October 6, 2026
Written by Nicholas Bell
LME aluminum prices ended September below where they began the month before falling further in early October. The move came as on-warrant inventories decreased and investment firms cut net-long exposure late in the period.
The LME cash settlement opened September at $3,261 per metric ton ($/t). Prices reached a monthly high of $3,352/t on Sept. 9 before moving lower through much of the remaining month.
Mumbai-based Hindalco said in a regulatory filing it would forgo the deal due to “extended closure delays beyond the control of either party."
Indonesian unwrought aluminum exports increased sharply in August, with the US and South Korea accounting for a growing share of shipments.
Honda and Toyota gained relative ground in the third quarter as GM and Ford sales declined and several battery-electric models lost volume.
The aluminum manufacturer said about 10 salaried workers and 70 hourly workers were impacted.
