AL CIRCLE
The year 2011 remains positive with the rise of domestic aluminum price
Edited by : AL CIRCLE
1 min read
... LME aluminum has broke through 60 day moving average. For a short period it is possible to close and make a directional choice. In term of long term, LME aluminum keeps rising triangle trend, and price will breakthrough. On global clues, Shanghai aluminum also begins to rise appropriately. Power shortage leads to cut in smelter capacity, strong downstream consumption and quite low speculators expectation all drive aluminum price, ...
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