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View all search resultsAfter surging to a four-year high of US$3,787.50 per tonne in early June, London Metal Exchange (LME) three-month aluminum is now trading around $3,170 per tonne, which is exactly where it was before the United States unleashed its "Operation Epic Fury".
The idea of centralizing export control for certain natural resources in a single institution is not new, and the failed experiment of such an agency for cloves serves as a case study on why not to pursue that course again, especially for major commodities like coal, CPO and ferroalloys.
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