Tag: US dollar impact on aluminium
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LME aluminium prices edge up marginally amid falling inventories and supply uncertainty
Stronger US dollar weighs on aluminium market sentiment Chinese inventories decline on improved downstream demand LME three-month aluminium prices increased by $6/t, or 0.2% w-o-w, to $3,018/t on 23 October from $3,012/t on 16 October, indicating a marginal recovery in global aluminium prices. Meanwhile, LME aluminium inventories declined by 2,075 t, or 0.9% w-o-w, to…