UTC+8 ( BJT)

SHFE Al closed higher, despite loose supply fears

ABSTRACT

The aluminum futures price on the Shanghai Futures Exchange continued to rise on Wednesday, despite market chatter that Washington may revoke sanctions on Rusal, the world’s second largest aluminum producer, and thus free up global aluminum supply.
The aluminum futures price on the Shanghai Futures Exchange continued to rise on Wednesday, despite market chatter that Washington may revoke sanctions on Rusal, the world’s second largest aluminum producer, and thus free up global aluminum supply. The most-traded September aluminum contract on the SHFE rose another Yuan 75/tonne ($11/t) Wednesday

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