LME Clear raises renminbi collateral limit, accepts Hong Kong warrants
LME Clear increased member renminbi collateral limits, shortened collateral notice periods and approved Hong Kong warrants for collateral use.
LME Clear increased member renminbi collateral limits, shortened collateral notice periods and approved Hong Kong warrants for collateral use.
Keep informed on what your peers in the industry are saying by checking out Aluminum Market Update’s monthly survey, with the latest on what folks on the ground are seeing in lead times, imports, logistics, prices and more.
CRU's May outlook reduced 2026 growth expectations for several aluminum product categories, while its largest long-term forecast revision occurred in rolled products.
Commercial participation in LME aluminum declined over the past year even as prices increased, inventories tightened and financial market activity expanded.
Trade data shows Chinese beverage can sheet imports more than doubled from January through most of May despite tariffs, higher conversion fees, expanding domestic capacity and a weaker US dollar.
AMU's May survey results showed higher obsolete scrap availability as respondents continued reporting elevated freight costs and UBC price expectations moderated.
The International Aluminium Institute's April figures showed Gulf production losses and the Mozal shutdown outweight modest gains from Europe, China and North America.
AMU's May aluminum market survey showed lengthier rolled product lead times coupled with shrinking extrusion and primary booking windows, though inventory building and forward demand sentiment remained cautious.
CRU Senior Analyst David Leah said at the CRU World Aluminium Summit 2026 in London that automotive aluminum demand continues increasing, though growth is shifting unevenly between castings, extrusions and rolled products as automakers reassess vehicle designs.
CRU’s Ross Strachan and Paul Williams outline at the CRU World Aluminium Summit 2026 how GCC disruptions are tightening billet, slab and foundry alloy supply more sharply than primary aluminum availability, increasing pressure across downstream manufacturing markets.