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Aluminium rebounds from 8-month low, copper hits two-week peak
LONDON: Aluminium prices touched an eight-month low on Monday as a strong dollar pressured sentiment, while copper climbed to its highest in more than two weeks due to worries over mine supply disruptions. Benchmark three-month aluminium on the London Metal Exchange was up 0.3% at $3,058 a ton in official open-outcry trading, having found support at $3,023, its lowest since February 13, earlier in the session. The dollar hovered near an 18-month high ahead of key US inflation data due later this week that could shape the outlook for interest rates. Aluminium prices have fallen 19% since reachi...
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