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LME markets have fallen away again this week and to make matters worse the AUD/USD exchange rate has increased. Last week we noted that since 1 October the USD price of Aluminium and Lead had fallen 6.5%, and Nickel had fallen 9.5%. This week these decreases have moved to 9.4% for Aluminium, 10.2% for Lead and 15% for Nickel.

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