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Aluminum Drops

Aluminum Drops

Aluminium prices are lower on the London Metal Exchange and could fall further if the EUR continues to weaken and fears over a possible Greek exit from the euro zone escalate, a Singapore-based trader says. Three-month aluminium is trading at $2,045.25 a metric ton, down 0.4% from its previous settlement. While macroeconomic jitters could pressure prices further, the trader says that aluminium’s fundamentals should limit its downside.



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