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Saturday, September 1, 2018 - 5:46:23 PM
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Mining News Pro - The London Stock Exchange`s LME inventory has gone up to 810,000 tons by continuing to cancel sales licenses by landlords.
According to Mining News Pro - The aluminum stock on the London Metal Exchange has fallen to its lowest level in the last decade and since 2007.
It is worth noting that, with the decline in aluminum inventories on the London Metal Exchange, the price of alumina powder has risen to the highest level during the last 9 months of December 2017.
Looking for an increase in the price of alumina (the raw material for the production of aluminum), the market is waiting for the growth of the price of raw material at the cost of aluminum ingot.
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