Tag: aluminium inventory drawdown
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India: Aluminium prices gain w-o-w as futures remain firm, global supply concerns persists
Aluminium demand remains resilient despite higher prices Domestic premiums rise to $290-300/t over LME cash prices Domestic aluminium prices in India continued to strengthen w-o-w, supported by upward revisions from primary producers amid firm LME and MCX aluminium futures and ongoing global supply concerns. The price increase came despite adequate domestic availability and only moderate…