Understanding the rally in global aluminium prices
Finshots Daily
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Why Are Aluminium Prices Soaring?
In two day's episode, we see why alleginlin prices are on the rise. Global demand has sky rocketed and supplies haven't kept pace. Back in feb alumenium was selling at three thousand 250 dollars per ton. It's expected to touch over four thousand dollars in the coming months. According to one report from morgan stanley, we could be witnessing a deficit of nearly one million tons of aluminia this year.
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