london metal exchange

U.S.-China Trade Tensions Sink Aluminium Prices To 14-Month Nadir

U.S.-China Trade Tensions Sink Aluminium Prices To 14-Month Nadir

Aluminium prices sunk to a new low on the year earlier this week due to market concerns that increased tensions between Washington, D.C. and Beijing are likely to set off a devastating trade war. According to market experts, comments by United States...

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Aluminium Rides Crest of Industrial Metals Wave to New High

A weaker dollar helped propel aluminium to peak above its 50-day and 100-day moving averages on Wednesday, gaining 1.8 percent and closing the day at US$2,177.50 per metric ton. Softness in the greenback motivated increased investments in metals across the board, as investors sought to protect against value erosion explained Societe Generale analyst Robin Bhar. […]

Aluminium’s 10% Leap at LME Likely to Continue: ICRA

Analysts at India’s independent credit rating agency ICRA Limited say the 10-percent rise in aluminium prices at the LME are a result of the increasingly divergent levels of supply and demand in the sector, arising in large part thanks to capacity cuts at smelters in the People’s Republic of China. A recently-published note on the […]