Tag: Aluminium cash market

Tight nearby availability limits sharper downside LME cash nears multi-year highs, triggering profit-booking LME aluminium prices eased marginally w-o-w after the recent sharp rally, as profit-booking and cautious physical buying weighed on market sentiment. However, lower exchange inventories, tight nearby availability, and ongoing Middle East tensions limited sharper downside pressure. LME three-month aluminium prices settled…