| The surcharge that consumers pay to obtain the metal started falling in Europe in November, spurring US declines in February. The global domino-effect was completed last week, when people involved in the negotiations told Bloomberg News that Japanese buyers will pay less amid a regional oversupply.
The rates are falling from an all-time high as demand for aluminium can’t keep up with record exports from China, the biggest producer of the metal. Aluminium for delivery in three months on the London Metal Exchange dropped 4.8 percent this year as some traders unwound financing deals and warehouse backlogs eased...............................................Full Article: Source
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