Aluminum headed for the biggest weekly advance since November 2012 amid signs of healthier demand from China¡¯s rebounding property market, which has been driving a wider rally in industrial commodities.

The metal used in window frames and beer cans traded little-changed at $1,636 a metric ton on the London Metal Exchange at 12:09 p.m. in Shanghai, up 5.2 percent this week. It¡¯s risen every day this week and gained to $1,646.50 on Thursday, the highest since September. Copper, zinc, nickel, tin and lead are also set to post weekly gains.

Industrial metals have rallied with steel and other commodities on speculation that credit easing and a construction revival in China will boost demand in the world¡¯s biggest consumer. Aluminum has advanced in 2016, rebounding from a 19 percent loss last year as producers including United Co. Rusal and Alcoa Inc. forecast a global deficit.

¡°House prices in tier-one cities are firming up, and we¡¯re seeing a groundswell in the underlying commodities, they are all firm,¡± John Browning, managing partner at brokerage Bands Financial Ltd. said by phone from Hong Kong. ¡°The logjam in the nonferrous markets is easing.¡±

Aluminum rose as much 2.2 percent to 12,675 yuan ($1,955) a ton on the Shanghai Futures Exchange, the highest price since July. It¡¯s up 16 percent this year.

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