Aluminium falls to two-week low as broader markets pull back – 08 November 2025
Against the backdrop of global equity weakness and metal sentiment cooling, aluminium prices briefly slipped back to ~US $2,838.50/t, highlighting the market’s sensitivity to macro risk. mint
Summary :
Aluminium prices fell to a two-week low on Thursday as a decline in the equities market hit sentiment towards base metals and offset support from improved demand prospects in China, the world’s largest aluminium producer.
Benchmark aluminium on the London Metal Exchange was down 0.4% at $2,838.50 a metric ton by 1619 GMT, after hitting $2,831.5 for its lowest since October 23.
The metal was rising earlier in the session before changing direction mid-day as Wall Street’s main indexes fell with technology stocks coming under fresh selling pressure.
“U.S. government shutdown and paucity of data also raises prospect of risk aversion ahead of the Fed’s rates decision in December let alone the fact we are into the back end of the trading year,” said Alastair Munro, senior metals strategist at Marex.
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