Big volatility last week Global risk sentiment improved as trade tensions between the United States and China have already been priced in, and the dollar index was softer too. Both provided tailwinds for the base metals...
There was increased volatility in aluminium prices last week as they dropped below $2,000 per tonne mark on both Monday and Wednesday, but ended the week at $2,034 per tonne and are trading higher still at $2,065 per tonne at the time of writing on Monday this week. The weekly average LME aluminium cash price was $2,006 per tonne in the week to September 21, slightly down from $2,009 per tonne the week before.
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