Aluminium's forward price on the London Metal Exchange rose to a new year-to-date high of $2,117 per tonne on Wednesday February 17, unfazed by the US Dollar Index reaching its highest since Monday, while movements across the rest of the base-metals complex were mixed.
This was the first time that aluminium's three-month price had risen above $2,100 per tonne since October 5, 2018. It closed at $2,115 per tonne, 1.4% higher than Tuesday's closing price of $2,086.50 per tonne."Aluminium has been its own isolated market for a quite a...