Tag: global aluminium supply deficit
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LME aluminium gains $65/t w-o-w on US Fed rate cut hopes, shrinking inventories
Mixed economic data tempers price gains Global supply deficit nears one million tonnes London Metal Exchange (LME) aluminium prices rose to nearly a 3.5-year high during week 41 of CY’25 (6-10 October 2025). The price rise was primarily driven by renewed optimism in global commodity markets following the U.S. Federal Reserve’s 50-basis-point rate cut. The…