Aluminum prices skyrocket exacerbating manufacturing costs pressure! Under the disruption of a "supply black hole", it is feared to enter a long-term upward cycle.

According to the Securities Times APP, the supply risk triggered by the Middle East war pushed aluminum prices to multi-year highs, bringing cost pressures to a range of businesses including car manufacturers and beer can manufacturers. Data shows that London Metal Exchange (LME) aluminum prices have risen over 13% since the US and Israel launched attacks on Iran on February 28, with an increase of about 19% so far this year, reaching the highest level since 2022 at one point.