Author: Aftab Khan
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LME aluminium prices gain as inventory drawdown continues
Chinese SHFE stocks for 11 consecutive weeks Seasonal demand expectations provide support LME aluminium prices strengthened in the week ended 4 September, with three-month aluminium prices rising 1.6% w-o-w to $3,294/t from $3,242/t. Prices remained supported by tight exchange availability, while improving market sentiment and expectations of stronger seasonal demand in China provided additional support.…