Shanghai aluminum finds support at the bottom, currently trading in a range-bound pattern. Aluminum prices on the 20th are expected to rise.
Lower oil prices weigh on the commodity market, leading to a 0.91% decline in London aluminum overnight. China’s aluminum production rose in June, but limited growth due to sluggish end-user demand. Currently, Shanghai aluminum is trading in a range-bound pattern with fluctuations. It is expected that aluminum prices will increase today. Lower oil prices drag […]