Description
The Spot-Futures: LME Aluminum indicator is compiled and published by the London Metal Exchange (LME). It tracks the prices of aluminum in the spot market compared to the futures market. This indicator is used to gauge the supply and demand dynamics in the aluminum market, as well as to identify potential arbitrage opportunities. A higher spot price relative to the futures price may indicate immediate supply shortages, while a lower spot price might suggest oversupply or weaker immediate demand.