Geopolitical Uncertainty Weighs on LME & SHFE Prices – 21 April 2026

Summary: Aluminium prices on the London Metal Exchange (LME) and Shanghai Futures Exchange (SHFE) are showing divergent patterns as geopolitical negotiations remain unresolved. While LME prices saw a marginal uptick to $3,553/tonne, the market is facing resistance at short-term moving averages. For extruders, this suggests a period of price consolidation and potential volatility in raw material costs as bullish momentum appears to be fading.

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