Small margin protects LME Al price as fears of a double-dip recession grow

摘要

The comparatively small margin between aluminium's cost of production and its price on the London Metal Exchange has made it the best performing industrial metal this year and protects it from the sort of price falls suffered by the rest of the base metals in the past two weeks. Sentiment surroundingfaltering western economies has had a huge impact on the base metals market. On September22 heavy losses across the LM E com plex saw stocks of base metals in bonded warehouses give up almost $1 billion in value in just 24 hours.