An aluminum shortage has seen the price of aluminum rise to historically high levels in recent months. Sanctions on Russia, the 3rd largest supplier of aluminum, may worsen the shortage and cause prices to rise even higher. This question will be resolved using the “close” price of aluminum on June 1, 2022, as reported by Markets Insider.  

Additional Reading: 

• How Russia’s Invasion of Ukraine Could Aggravate Semiconductor Market Dynamics 
• Aluminum, Copper and Silicon Shortages Compound the Global Supply Chain Woes 
• Aluminum Shortage Is a Global Issue With No End in Sight 
• Shortages 2022: 5 products expected to be in tight supply this year 
• Aluminum prices hit 13-year high amid power shortage in China  

Issued on 04/04/22 02:00pm
A previous version of the background information mistakenly said that it will resolve using the closing price of aluminum on July 1st instead of June 1st. The background information has been corrected to this effect.