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Aluminium Prices Catch Up With Physical Cues

  • Tuesday, January 21, 2014
  • Source:

  • Keywords:Aluminium London Metal Exchange
[Fellow]
[Ferro-Alloys.com] London Metal Exchange aluminium prices finished above $1,800 per tonne for a second consecutive day on Monday January 20, clinging to gains made at the end of last week.
 
The light metal came under pressure the close of trading to finish at $1,806.50 per tonne, near intraday lows of $1,803 per tonne and below a closing price of $1,821.50 per tonne seen on Friday. The light metal had earlier hit a three-week high in official trading after prices started to respond to signs of stronger demand and falling supply in key physical markets.
  • [Editor:editor]

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