Summary:
The London Metal Exchange (LME) has seen a sharp correction in aluminium prices this week. After reaching 3-year highs earlier in the year, cash offer prices dropped to approximately $2,996/t. This volatility is largely attributed to a “wait-and-see” approach from downstream buyers and a slight buildup in global inventories during the Lunar New Year period.

Article Link :

https://www.alcircle.com