Aluminum and other metals fell across the board at LME - concerns about recovery of China's demand.
August 30, 2024, 7:05 JST
The aluminum market at the London Metal Exchange (LME) continued to fall on the 29th. The decline continued from the two-month high reached on the 27th. While concerns about the strength of China's demand recovery remain, the supply remains sufficient.
Aluminum fell by about 3% from the previous trading session and narrowed the monthly gain.
The LME aluminum market closed at $2,458 per ton, down $39 from the previous day. All other nonferrous metals also experienced a decline.
The aluminum market at the London Metal Exchange (LME) continued to fall on the 29th. The decline continued from the two-month high reached on the 27th. While concerns about the strength of China's demand recovery remain, the supply remains sufficient.
Aluminum fell by about 3% from the previous trading session and narrowed the monthly gain.
The LME aluminum market closed at $2,458 per ton, down $39 from the previous day. All other nonferrous metals also experienced a decline.
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