Aluminum Slides as Surging Inventories Add to Downbeat Mood

The prices of aluminium have suffered a significant drop due to the increase in stocks in exchange exchanges and a context of risk aversion.According to the original report, factors such as the decrease in US debt ratings by Moody's and mixed economic data from China are responsible for this situation.This setback is combined with an atmosphere of global uncertainty that impacts different commodity markets. Record increase in inventoriesAluminiu…

Aluminum Slides as Surging Inventories Add to Downbeat Mood

(Bloomberg) — Aluminum prices fell as a surge in exchange stockpiles exacerbated a risk-off mood seen in the wake of Moody’s downgrade of US debt and mixed economic data from China.