ALUMINIUM NEWS 12/02/2024 UPDATE BEST TRADING TIPS FOR BEGINNERS BY https://www.youreasytrade.com GET MORE INFO CW/7302366166

Aluminium Down As Traders Gauged The Lack Of Fresh Market-Moving Catalysts.

Aluminium prices experienced a marginal decline of -0.2% to settle at 200.5 as traders assessed the lack of significant catalysts and subdued trading activity ahead of a prolonged public holiday in China, a key consumer of the metal.

Meanwhile, recent data regarding China’s aluminium exports to the European Union revealed a 30% decrease in 2023, attributed to the EU’s implementation of the Carbon Border Adjustment Mechanism (CBAM) aimed at curbing pollution from foreign products.

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