Despite Indonesian aluminum supply decreasing by 40%, LME aluminum still fell below $3,000, with the market only seeing the narrative of "oversupply next year." However, a full-year surplus doesn't mean there's no shortage. This article analyzes the

2026-10-17

Despite Indonesian aluminum supply decreasing by 40%, LME aluminum still fell below $3,000, with the market only seeing the narrative of "oversupply next year." However, a full-year surplus doesn't mean there's no shortage. This article analyzes the true pace of production recovery in the Middle East and Indonesian capacity to see how solid the foundation of this decline truly is.