The London Metal Exchange three-month aluminium price was the only metal to trade up from the previous day's close during the morning session on Wednesday April 15, with a 20,000-tonne fresh inflow of material failing to cap gains in its futures price.
The LME three-month aluminium price was trading up a marginal $10 per tonne at $1,513.50 per tonne during morning trading from the $1,503.50-per-tonne close on Tuesday despite a significant fresh inflow of 20,000 tonnes of aluminium into LME-approved sheds in Port Klang, Malaysia. The inflow came against a 6,450-tonne outflow, 6,000 tonnes of which also left warehouses in Port Klang, with the remaining tonnage split between other LME global sheds. Concurrently, 1,500 tonnes of material was freshly canceled. LME aluminium inventory is now...