The aluminum price soared by 12% and set a new range high within a month since 2010, which was influenced by the US’ sanction against to Russia’s aluminum industry.
However, the market participants stated there would be a steady trend on the aluminum price once the sanction was lifted.
LME 3 month aluminum price soared by US$32/ton on April 30th due to Chinese manufacturing strong performance. And it was the largest rise range within a month since 2010.
Aluminum prices set new range high in Apr
3 May 2018 16:00 reported by Sienna Wu
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