Aluminum's Price Surge
Aluminum is at a 13-year high in China, driven by strong demand and significant supply cuts, particularly due to environmental regulations. The production of aluminum is highly energy-intensive, making it a target for reductions in carbon emissions. This situation illustrates a broader economic principle where demand is pulling prices up across various commodities, rather than just rising input costs.In this clip
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Related Questions
How do prices reflect supply and demand in the episode Talk Your Book: Investing in Commodities and the clip Oil Market Dynamics?
How can carbon emissions be reduced as discussed in the episode Jeff Currie on the 'Volatility Trap' Keeping Commodity Prices So High and the clip Carbon Pricing Insights?