LME Copper — spot
$14,545 / t
▲ cash settlement $14,545.00/t on Thu 14 Aug 2026 — 2026 high held, LME shut for the weekend. Stocks 204,975 t, −45.4% YTD — the tightest LME copper inventory of the year. Mideast supply risk keeps the bias to the upside.
LME copper cash-settlement was $14,545.00/t on Thu 14 Aug 2026, holding at its 2026 high as LME closed for the weekend. Stocks have drawn sharply to 204,975 t, down 45.4% since 1 January. Mideast supply-chain risk keeps the bias to the upside; lock pricing rather than wait for a pullback. Source: LME cash-settlement (14 Aug 2026).
LME Aluminium — spot
$3,279 / t
▼ cash settlement $3,279.00/t on Thu 13 Aug 2026, down $28.50 (−0.86%) from $3,307.50 on 12 Aug; 3-month $3,275.00/t — the contango has flipped to a $4 backwardation. Stocks 250,000 t (−1,700 t d/d). Cu/Al ratio 4.36 — widest spec-switch window of the year.
LME aluminium cash-settlement was $3,279.00/t on Thu 13 Aug 2026 (3-month $3,275.00/t), down 0.86% from $3,307.50/t on 12 Aug as the contango flipped to a small backwardation. Stocks continued drawing to 250,000 t (−1,700 t on the day). With copper near its 2026 high, the Cu/Al ratio has widened to 4.36 — the widest spec-switch window of the year for buyers weighing aluminium-wound alternatives. Source: LME cash-settlement (13 Aug 2026).
Transformer mineral oil (drum)
~$1.30–1.70 / L
— stable
Inhibited naphthenic insulating oil, GCC delivered indicative band. No new market report this cycle.
Natural ester (bio) fluid
~$4.50–6.50 / L
— stable
FR3-class ester, indicative band. No new market report this cycle.