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LME aluminium backwardation hits 36-year high as stocks shrink

Published by Business Recorder · Pakistan 9 h ago
LME aluminium backwardation hits 36-year high as stocks shrink
Business Recorder

Detailed summary

The cash aluminium contract on the London Metal Exchange traded at its biggest premium over the three-month forward in 36 years on Thursday, with the backwardation pointing to acu…

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