LME aluminum prices gained around 1.4 percent during the month of September'13. Prices surged mainly on account of sharp plunge in Shanghai inventories by 28 percent and were at 213450 tonne as on 27th September 2013. Further, decline in LME aluminium inventories by 0.5 percent to 5374550 tonne from 5400350 tonne in August'13 also supported an upside in prices. Additionally, rising demand in September 2013 from China, US and India which are amongst the top ten consumers, added upside support to prices.
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