Moneycontrol PRO
HomeNewsBusinesscommoditiesAluminium prices hit 13-year high after Guinea coup

Aluminium prices hit 13-year high after Guinea coup

A tonne of aluminium, which is used predominantly in transport and building, reached $2,807.50 in Asian trade on the London metals market -- the highest since August 2008.

September 08, 2021 / 19:33 IST

The price of aluminium surged to its highest level in 13 years on Wednesday, with concerns about the effect of the coup in Guinea -- a major producer of raw material bauxite -- on already limited supply.

A tonne of aluminium, which is used predominantly in transport and building, reached $2,807.50 in Asian trade on the London metals market -- the highest since August 2008.

AFP
first published: Sep 8, 2021 07:33 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai