Aluminium Hits 5-Week High on Fund Buying, Alumina Shortage

METAL COMMODITY - LONDON. Aluminium prices hit their five-week high on Tuesday on increased fund buying and a shortage of raw material in top producer China.

Three-month aluminium on the London Metal Exchange earlier touched $2,482 per metric ton, the highest since July 15. It last traded 1% up at $2,470 at 1028 GMT.