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LME-Aluminum(AH)
2019-04-12
Aluminum is the most abundant metal on the earth. It is soft, high corrosion resistance, ductility and light metal which widely used in transportation, construction and packaging industries. China and Russia are the largest producers of electrolytic aluminum, the major consumers are China, USA and Germany.  LME Aluminum future is the dominant contract, with the leading position of trading and delivery volume in the world market. LME contracts are traded as forward contracts.
 
Contributing Factors:

1.    Supply of major producing countries

2.    Industrial demand: transportation, construction and packaging

3.    Global economic development 

4.    Inventory

5.    Cost of production