Aluminium price rises because of fear to Chinese supply

11/07/2008 LONDON (Reuters) - Aluminium price leveled last friday the record registered the day before in London boosted by the oil prices and the worries about electricity supply reductions in China, and also the falling of dollar encouraged the buying of raw materials.

In the London Metal Exchange (LME) the aluminium for next three months rise to 3.318 dollars per ton, in front of the 3.290 dollars the day before.

This metal, used in transport, packing and electricity progressed previously in that journey to the 3.380 dollar per ton, reaching the maximun in the day before. Aluminium has grown around 50% from the beginning of year.

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