I doubt it, the gradient these two have been going up at is exceptional even for boom times.
I note in recent weeks inventories have gone up and speculative positions are near a record high, it doesn't make much sense.
https://www.westmetall.com/en/markdaten.php?action=diagram&field=LME_Al_cash
https://www.nasdaq.com/articles/european-commodities-aluminium-hits-2-year-highs-while-copper-cools
Moving on up, page-19
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Last
$1.45 |
Change
-0.025(1.69%) |
Mkt cap ! $4.207B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.50 | $1.45 | $312.3M | 215.1M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 14397848 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 5091 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| AWC (ASX) Chart |