Key drivers
Aluminium prices on the London Metal Exchange drifted lower this past week, pressuring China’s aluminum alloy ADC 12's export price; the LME three-month daily official aluminium price was at $1,972 per tonne on Wednesday, down by 1.6% from $2,003.50 per tonne a week earlier.
Buyers in Japan adopted a wait-and-see stance amid expectations the alloy’s price would fall in line...