02 AUGUST 2011commodityonline.com
MCX Aluminium bubble at eight weeks high on improving demand
Edited by : AL CIRCLE
1 min read
MCX Aluminium could very well see a bullish run in the near future even when record high inventories are being reported.
There are some reasons why Aluminium prices could gain is due to bank financing deals that have locked up a sizeable chunk of available metal stock and continuous decreasing inventory at London Metal Exchange (LME).
There are some reasons why Aluminium prices could gain is due to bank financing deals that have locked up a sizeable chunk of available metal stock and continuous decreasing inventory at London Metal Exchange (LME).
Previous article
EMAL celebrates 12 months and 5 million work hours with zero lost time incidents
Next articleDJ China Aluminum Smelters Likely To Accelerate Output Capacity -StanChart
Grow with
AL Circle
