Financial News

METALS-Shanghai aluminium slips to fresh 2-yr low as China factory growth stalls

Chinese aluminium prices sunk to their lowest in more than two years on Friday and were on course for a third successive monthly drop, as stalling manufacturing growth compounded plentiful supply amid relatively lenient winter output curbs. China's official Purchasing Managers' Index fell to 50 in November, missing market expectations and down from 50.2 in October. The 50-point mark is considered neutral territory, indicating no growth in activity or contracti
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