Base metals prices rose in London on Wednesday, buoyed by industrial profit gains in top metals consumer China, while aluminium jumped to an eight-month high on technical buying and supply concerns. As trade resumed after the Christmas break, three-month aluminium on the London Metal Exchange (LME) gained 2% to $2,373.5 a metric ton by 1148 GMT after touching its highest since May 2 at $2,382. The aluminium gains were on the back of buying by Commodity Trade Advisor (CTA) investment funds, which are largely driven by computer programmes, one trader said. Supply from Guinea, the world’s third-largest producer of ... (full story)