How Russia’s War Is Impacting Global Metals Prices ...Middle East

OILPRICE - Economy
How Russia’s War Is Impacting Global Metals Prices
source : OILPRICE ( Middle East ) () 17
From a technical perspective, global aluminum prices began to change their structure in short time frames, which could suggest further price drops. Currently, prices are beginning to approach previously-established lows. However, a bullish trend reversal can’t occur until aluminum establishes a clear price floor. The Aluminum Monthly Metals Index (MMI) dropped by 8.84% month over month.                  Global Aluminum Prices Mirror Copper, Fall Amid Lockdowns…

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