Flourishing demand in China and the United States, higher freight costs and tight scrap supplies are expected to fuel further rises in prices of the metal.
China imported another 220,000 tonnes of unwrought aluminum in October, extending one of the most unexpected trends in a year of metals market upheaval.
Goldman Sachs predicts "structural bull market" for commodities similar to 2000s as rising demand, green energy investment combine with chronic undersupply.
