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Aluminium falls on higher Chinese exports and hopes for Middle East de-escalation

LONDON: Aluminium prices fell on Tuesday to their lowest in more than two weeks as rising exports from top producer China and hopes of de-escalation in the Middle East eased supply concerns, offsetting support from tight inventories. Benchmark three-month aluminium on the London Metal Exchange was down 1.1% at $3,031.50 a metric ton by 0950 GMT after touching $3,014, its lowest level since…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Aluminium falls on higher Chinese exports and hopes for Middle East de-escalation (opens Business Recorder in a new tab)

    LONDON: Aluminium prices fell on Tuesday to their lowest in more than two weeks as rising exports from top producer China and hopes of de-escalation in the Middle East eased supply concerns, offsetting support from tight inventories. Benchmark three-month…

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