Aluminium Falls to 12-Week Low Amid Stronger Dollar
Benchmark three-month aluminium on the London Metal Exchange fell to a 12-week low, and copper hit its lowest in two weeks. The declines were attributed to a stronger dollar and thin trading volumes, exacerbated by China's public holiday.
Aluminium prices fell to a 12-week low on Thursday, while copper slipped to its lowest in two weeks, as a stronger dollar and thin trading volumes weighed on sentiment. Markets in top consumer China were closed for a public holiday. Benchmark three-month aluminium LME:AH1! on the London Metal Exchange was quoted in the source section.