Aluminium, copper prices climb on worries about supply amid stoppages

Aluminium and copper prices marched higher on Thursday on worries that stoppages due to high energy prices or other disruptions will spur shortages.
 

Benchmark aluminium on the London Metal Exchange was up 1.6% to $2,271 a tonne, while copper was 2.5% higher at $7,811 by 1600 GMT.
 

U.S. Comex copper futures rose 2.6% to $3.52 a lb.
 

"We are seeing output cuts in Europe so the potential is high for a squeeze higher in base metals prices, especially in aluminium, since it is so energy intensive," said Gianclaudio Torlizzi, partner at consultancy T-Commodity in Milan.
 

"We are in a situation