Tag: aluminium price support factors
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LME aluminium prices rise w-o-w despite easing geopolitical risk premiums
Ceasefire eases supply risks, leads to modest cooling earlier in week Tight prompt supply lifts cash-to-3-month spread to multi-year highs Benchmark aluminium prices on the London Metal Exchange (LME) increased by 1.7% in the week ended 10 April 2026, reflecting firm market sentiment supported by tightening prompt supply conditions and declining LME inventories. Pricing, inventory…