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China’s aluminium futures hit ten-year high on concerns of production restrictions

Last updated on April 15, 2021

China's aluminium futures rose to the highest level in nearly a decade on Wednesday, while London prices also surged on market talks that top producer China would limit output to meet its green targets.

The most actively traded aluminium contract on the Shanghai Futures Exchange, for May delivery, rose as much as 2.7 per cent to 18,045 yuan ($2,760.53) a tonne, its highest level since August 2011. Three-month aluminium on the . . .

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