Aluminium is a chemical element also known with symbol Al and is the most widely used non-ferrous metal and mcx metal.The metal derives its name from alumen, the Latin name for alum. It is a good conductor of heat and electricity and non-toxic,which makes aluminum suitable for a variety of industries.
The realities of the market call for risk management techniques that are very critical for users of aluiminium, such as producers, exporters. Due in part to its presence in several other markets, aluminum prices are subject to various external forces as well as other markets’ conditions. Changes in the industries that use aluminum in their products can have a significant impact on the aluminum industry itself. In addition, many of the end uses of aluminum involve the production of durable goods, which tend to fluctuate cyclically with changes in general macroeconomic conditions.