Dwindling reserves push aluminium prices up


Aluminium prices in Shanghai advanced on Thursday, supported by depleting supplies amid rising energy costs, but weakening demand outlook capped gains.

The most-traded September aluminium contract on the Shanghai Futures Exchange advanced 0.7% to 18,630 yuan ($2,744.83) a tonne by 0403 GMT.

Norsk Hydro said on Wednesday it would close an aluminium...