AL CIRCLE
Why aluminum shines amid base metals sell off
Edited by : AL CIRCLE
1 min read
...Aluminum has become the in-vogue defensive play amid the broader sell-off across the LME metals markets.
This is partly due to the fact that there was less speculative premium built into the light metal than, say, copper. It also reflects the unwinding and reversal of previous long copper/short Aluminum trading strategies, a trend that appreciably accelerated last week...
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