Futures sull'alluminio a tre mesi sul London Metal Exchange (LME) camminato da 0.91% a 2.384 dollari USA/tonnellata a novembre 29 come di 11:09 Ora di Taipei, e il più alto infragiornaliero ha raggiunto i 2.388 dollari USA/tonnellata. The hike in aluminum prices was due to tight supply caused by low-level inventory.
The global aluminum inventories have fallen, including the stock in the LME-registered warehouses and the Shanghai Futures Exchange (SHFE)-monitored warehouses, the latter of which hit a new low since February 2017.
In order to reduce pollution in the winter, the main produttore di alluminio, Cina, is cutting production in northern mills, and the speed of production resumption at factories that were forced to stop production due to power issues was slower than expected, both of which have led to a drop in inventories.