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SMM Morning Review - 2010/8/2 Aluminum Market
Edited by : AL CIRCLE
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...LME base metals prices soared last Friday. LME aluminum prices opened at USD 2,095/mt, with the highest level and the lowest level at USD 2,175/mt and USD 2,090/mt, respectively, and finally ended at USD 2,170/mt, up USD 76/mt compared with the previous trading day, or up 3.6%. Total trading volumes exceeded 100,000 lots, and total positions were 710,135 lots, up 249 lots. LME aluminum inventories declined by 5,325 mt to 4,385,300 mt...
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