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ALUMINIUM
Alouminium Spot United States Dollar
Past performance is not an indication of future results.
About
Aluminum is a lightweight metal that is widely distributed in nature in the form of its compounds. Aluminium is the third most common element in the earth's crust–only oxygen and silicon exist in greater amounts. Aluminum is the second most used metal in the world after steel.
Factors affecting ALUMINIUM
1. Supply and demand When supply exceeds demand, prices fall. When demand exceeds supply, prices tend to rise. 2. World economic situation 3. Extraction and refining costs
Historical market review
The price of aluminum dropped by over 42% from its peak of 325 in early March 2022 to 186 by the end of September 2022.
Economic data affecting ALUMINIUM (by importance)
Inventories in London Metal Exchange warehouses
