AMU
February 16, 2024
CRU: Aluminum news roundup
Written by Marziyeh Horeh
The LME 3-month price was broadly stable again on the morning of Feb. 16, and was last seen trading at $2,230 per metric ton (mt).
On Feb. 16, LME stocks were reported at 534,925 mt, an increase of nearly 10,000 mt from last Friday. The change comes after 15,125 mt of metal was delivered into Gwangyang, South Korea, on Feb. 15. This was the largest inflow since the 16,400 mt delivered in Kaohsiung on Dec. 29 and the largest so far this year.
