LME Closing on December 13th: Aluminum Futures Higher Despite Intraday Dip to Near 15-Month Low, Overnight Metal Rally
LME aluminum prices fell to near 15-month lows on Wednesday, as expectations of oversupply dominated market sentiment, while base metals as a whole came under pressure from a stronger US dollar. LME data showed that fund-held net short positions in aluminum were at their highest since May 2020.

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