METALS-Shanghai aluminium jumps on supply concerns in China
By Reuters Staff 2 Min Read HANOI, March 3 (Reuters) - Shanghai aluminium prices rose on Wednesday, as concerns of supply cuts in top consumer China pushed prices near their highest level in 9-1/2 years. The most-traded April aluminium contract on the Shanghai Futures Exchange climbed as much as 4.2% to 17,640 yuan ($2,729.00) a tonne, hovering near its highest level since August 2011 of 17,695 yuan a tonne hit on Feb. 26. Three-month aluminium on the London Metal Exchange rose 0.3% to $2,217.5...
Source: reuters.com