-
Supply worries drive aluminium to highest level in more than four years
Aluminium prices hit their highest in more than four years on Tuesday, as rising prices for the feedstock alumina added to persistent concerns about a tightening market amid reduced supply from Gulf producers. Three-month aluminium on the London Metal Exchange rose 0.8% to $3,680in official open-outcry trading after hitting $3,707.5, the highest since March 24, 2022. The metal's record high of $4,073.5 was on March 7, 2022, when markets were grappling with the immediate fallout of Russia's invasion of Ukraine. Providing support to aluminium on Tuesday was a 5% rise in September alumina futures on the ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From fxleaders.com|May 28, 2026Copper continued to rise above $14,000 per ton, as supply risks increased due to mine disruptions edging closer to a record high set earlier this year. On the London Metal ...
From @FirstSquawk|May 28, 2026|32 commentsIRAN SAYS US STRIKES ARE CONTINUOUS VIOLATIONS OF CEASEFIRE IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS IRAN CONDEMNS U.S. ATTACK ON BANDAR ABBAS
From marketpulse.com|May 28, 2026|1 commentGold (XAU/USD) has indeed remained lackluster in May and failed to break above its 50-day moving average after a retest of it on 12 May 2026. Thereafter, the precious yellow metal ...
-
- Newer Stories
From fxleaders.com|May 28, 2026According to Chinese customs data, the largest buyer received over 790 tons in the first two months, including nearly 470 tons in February—the highest amount ever for that month. ...
From kitco.com|May 28, 2026Gold remains the anchor of the new commodity cycle, and the yellow metal’s secular bull market is still intact despite the recent volatility in precious metals, according to Doug ...
From @MarketsCapApp|May 28, 2026|13 commentsJust in | Iran's Khamenei Accuses Enemies of Fostering Division Within the Nation.
- Story Stats
- May 28, 2026 3:51am Posted byFundamental Analysis67
