LME aluminium price up 3.9% week-on-week The risk-on mood stemmed from the expectation of an imminent “phase one” US-China trade deal being struck. But on Monday this week, aluminium traded back below $1,800 per tonne, as US President Donald Trump quashed reports that an agreement had been made to remove some US tariffs on Chinese goods during discussions in October....
The LME aluminium price spent most of last week trading above the $1,800 per tonne mark with the weekly average of $1,813 per tonne up 3.9% from the previous week's level.
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