Aluminium, copper LME prices notch losses on strong dollar and declining power costs

November 17, 2021 / www.metalbulletin.com / Article Link

Copper and aluminium London Metal Exchange prices closed lower on Tuesday November 16, with a stronger dollar pushing prices down.

The aluminium three-month price closed at $2,574 per tonne on Tuesday, down from $2,657 per tonne at Monday's close.

Market participants attributed the fall to a strong dollar, which makes buying metals using other currencies expensive and pushes demand...

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