MB: LME Al continues lower in pre-market on falling equities, poor sentiment
Aluminium continued its decline in pre-market trading on the London Metal Exchange on Tuesday after the stock market took a battering overnight, market participants said. Three-month aluminium opened at $1,289 per tonne, down from its official price of $1,301/02 on Monday and breaking through support at $1,300. It hit an intraday high of $1,297 per tonne and a low of $1,279. One trading source attributed lower prices across all LME-traded base metals to the poor performance...
