04 AUGUST 2010AL CIRCLE
SMM Morning Review - 2010/8/4 Aluminum Market
Edited by : AL CIRCLE
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...LME base metals prices posted small declines yesterday. LME aluminum prices opened at USD 2,235/mt, with the highest level and the lowest level at USD 2,235/mt and USD 2,198/mt, respectively, and finally ended at USD 2,204/mt, down USD 13/mt compared with the previous trading day, or down 0.6%. Trading sentiment was sluggish, and total positions were 719,082 lots, up 3,935 lots. LME aluminum inventories increased unexpectedly by 22,650 mt to 4,403,750 mt...
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