Aluminium dropped on profit booking after prices gained as alumina refinery shutdowns in northern China's Shanxi province raise production costs for the metal.
Prior to the shutdowns, China's alumina output rose 4.2% y/y to 6.28 million tonnes in April, according to data released.
China’s aluminium output rose from the previous month to its third-highest daily rate on record in April, as smelters ramped up production.
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