Tag: LME aluminium w-o-w
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LME aluminium prices edge up w-o-w on tightening supply expectations despite muted holiday trading
Smelter disruptions underpin market sentiment globally Inventories decline across key regions globally Aluminium prices on the London Metal Exchange (LME) edged higher during the week ended 26 December, supported by tightening global supply expectations. Prices were underpinned by confirmed smelter disruptions, declining inventories across key regions, falling Japanese port stocks, and firmer physical premiums, which…