Aluminium prices hit highest in 14 years

(File pic: Aluminium stocks in Malaysia's Port Klang:) Aluminium stocks in LME-registered warehouses have fallen to the lowest level since 2007 at 767,700 tonnes, down from almost 2 million tonnes last March. - Reuters

LONDON, Feb 8 (Reuters) - Aluminium prices reached their highest since 2008 on Tuesday, buoyed by investor concern over tight supply and falling inventories.

Benchmark aluminium on the London Metal Exchange (LME) was up 1.6% at $3,183.50 a tonne by 1743 GMT after rising as high as $3,236.