Aluminium's three-month price on the London Metal Exchange, backed by a constrained physical market, was just $5.50 per tonne short of its latest year-to-date high on Tuesday August 24, with nickel and zinc also climbing back above key psychological levels while most commodities and equities ticked upward.
Aluminium's futures contract showed an intraday high of $2,636.50 per tonne on Tuesday, just shy of the 2021 peak of $2,642 per tonne from July 30."One of the main factors that is causing tightness in the market is very strong, buoyant...