Aluminium Settled Flat Amid Worries About An Oversupplied Market

Aluminium trading range for the day is 116.7-118.3. Aluminum settled level in the midst of stresses over an oversupplied market and supports cutting wagers on higher costs over coming days. The premiums that Japanese purchasers pay for aluminum are anticipated to remain amongst $80 and $140 a ton one year from now. South Korea purchased an aggregate of 2,000 tons of aluminum for February entry by means of tenders.

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