Author: Aditi Sen
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LME aluminium prices weaken w-o-w amid rising supply expectations, stronger dollar
Middle East smelter restarts progressing faster than expected Chinese National Day holiday slows down market trading activity LME aluminium prices declined sharply in the week ended 2 October, with three-month aluminium prices falling $145/t, or 4.4% w-o-w, to $3,122/t from $3,267/t on 25 September. The decline reflected a stronger US dollar, expectations of improving global…