Tag: aluminium sector insights
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LME aluminium prices fall 4% w-o-w as profit-booking outweighs supply concerns
Chinese exports ease supply shortage concerns Indian-origin stocks hit two-year low LME aluminium prices slipped 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 at $3,539/t in…