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Aluminium Gained On Low-Level Buying.

Aluminium prices edged up by 0.32% yesterday, settling at 201.15, driven by low-level buying activity amidst a lack of fresh market-moving catalysts and subdued trading ahead of an extended public holiday in China, the world’s top consumer of aluminium.

However, market sentiment remained cautious as traders assessed various factors influencing the aluminium market. One significant development affecting aluminium trade was the decline in the volume of aluminium product exports from China to the European Union covered by the bloc’s carbon border tariff. 

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