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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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October 2018 | Aluminium Weekly Market Tracker


LME aluminium prices back at levels not seen since before the Rusal sanctions: Market Summary and Analysis


According to the latest data from China Customs, the country’s alumina exports in September reached their highest level this year at 165,839 tonnes.

LME aluminium prices back at levels not seen since before the Rusal sanctions LME aluminium prices dropped back below $2,000 per tonne again last week amid further fund selling, and were trading at their lowest level since the week before US sanctions were imposed on Rusal in early April. A marked downturn in global equity markets has prompted further risk-aversion while a continued surge in the dollar index is also keeping prices subdued. China’s September alumina exports reached highest level this year According to the latest data from China Customs, the country’s alumina exports in September reached their highest level this year at 165,839 tonnes. That is more than a fivefold increase from August’s 29,722 tonnes and was up more than 3400% from the same time last year. While it is typically rare to see China exporting large volumes of alumina, more cargoes have been shipped abroad recently to take...

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