World Commodities - Aluminium trades near one-month high.

AuthorKazmi, S. Kamal Hayder
PositionBrief article

Byline: S. Kamal Hayder Kazmi

Aluminium climbed to a one-month high on Wednesday as signs of a rise in demand caused by a fall in inventories on the London Metal Exchange (LME) attracted buyers. Three-month aluminium on the LME closed 1.4 percent up at $1,909 a tonne after touching its strongest since Dec. 24. Cancelled warrants or material earmarked for delivery in LME-approved warehouses, surged to 94,300 tonnes, accounting for 31 percent of the total 1.3 million...

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