Shanghai aluminium near 10-week low as coal prices tumble

Capt. John

Shanghai aluminium hit its lowest in nearly 10 weeks on Wednesday while the London contract fell near an eight-week trough as falling coal prices eased trader concerns over supply shortage. Aluminium smelting is an energy-intensive process and has been hit hard by China’s power crisis, pushing up...

https://www.hellenicshippingnews.com/shanghai-aluminium-near-10-week-low-as-coal-prices-tumble/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon