The three-month aluminium price on the London Metal Exchange registered gains on the morning of Tuesday August 17 while the front-month contract on the Shanghai Futures Exchange also rose to new highs amid supply disruptions to the flow of metals and raw materials.
Three-month aluminum was at $2,632 per tonne at 9am on Tuesday, up by $30 per tonne from Monday's closing price of $2,602 per tonne.There was also an 8,000-tonne outflow on Tuesday, primarily from warehouses in Asia, but the inflow took total aluminium stock levels on the LME to 1.32 million tonnes, compared with 1.31 million on Monday. Stock...