LME aluminium price was marginally higher last week LME...
The weekly average LME aluminium price was marginally stronger last week, on the back of the positive sentiment following the fresh lifetime high in the S&P 500 Index but capped by continued strength in the US dollar index, which reached its highest level since 2017 last Thursday. The weekly average LME cash price was $1,848 per tonne last week, up 0.4% from previous week's $1,840 per tonne. However, it has slipped to $1,816 per tonne by the official session on Monday this week.
LME aluminium stocks jumped higher
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