Author: Aditi Sen
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LME aluminium prices weaken amid profit-taking, macroeconomic pressure
Prices fall even as inventories remain historically low Cautious demand could cap near-term price gains LME aluminium prices fell in the week ended 11 September, with three-month aluminium prices declining 1.3% w-o-w to $3,250/t from $3,293/t. The decline came despite relatively tight exchange availability, while cautious market sentiment and subdued demand weighed on prices. Meanwhile,…