NewsPrimary ALAluminum fundamentals positive on declining China inventory
29 AUGUST 2011China Aluminium Network

Aluminum fundamentals positive on declining China inventory

Edited by : AL CIRCLE
1 min read
Aluminum fundamentals positive on declining China inventory
Commodity reported that aluminum prices have fallen in tandem with the decline in base metal prices over the recent weeks. Weak macroeconomic data from the US and Europe have pressured prices to move south.

However, the declining Chinese inventories give hope for a strong support in prices and the potential for an upside move.

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