Aluminium slips to almost four-month low on demand concerns


LONDON: Aluminium prices fell to their lowest in almost four months as some bullish positions were scrapped amid concerns about demand with a lack of fresh stimulus in top consumer China.

Three-month aluminium on the London Metal Exchange lost 1.5% to $2,316 per metric ton in official open-outcry trading after hitting $2,311, its lowest since March 28, breaking below its 200-day moving average of $2,354.

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Aluminium , China , stimulus , LME

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