InvestorsIraq
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Aluminum Falls From Record After Surge on China Supply Concern

Go down

Aluminum Falls From Record After Surge on China Supply Concern Empty Aluminum Falls From Record After Surge on China Supply Concern

Post by yunowu Mon Jul 07, 2008 9:11 pm

``Investors are becoming increasingly bullish on aluminum because of expected power issues around the world,'' Yang Bo, a trader at Minmetals Starfutures Co., said today by phone from Shenzhen. Still, ``Shanghai prices are quite reluctant to chase the London gains due to lackluster demand, and this may curb further gains in London.''...

http://www.bloomberg.com/apps/news?pid=20601089&sid=a2mXwJCr7e78&refer=china

yunowu
Forum Leader

Posts : 419
Join date : 2008-06-21

Back to top Go down

Aluminum Falls From Record After Surge on China Supply Concern Empty Power worry fuels aluminum rise to 2-year high

Post by yunowu Mon Jul 07, 2008 9:17 pm

LONDON (Reuters) - aluminum jumped to its highest in more than two years on Monday as investors bet on higher prices of the energy-intensive metal amid escalating worries over power problems in China, the world's largest producer.
The metal used widely in packaging, transport and power rallied to $3,256 a tonne, the highest since May 11, 2006 when it touched a record high of $3,310 a tonne...

http://asia.news.yahoo.com/080707/3/3lu3l.html

yunowu
Forum Leader

Posts : 419
Join date : 2008-06-21

Back to top Go down

Aluminum Falls From Record After Surge on China Supply Concern Empty Aluminum sets record high, lead leaps 12 percent

Post by yunowu Thu Jul 10, 2008 12:07 pm

LONDON (Reuters) - Aluminum jumped to a record high on Thursday on output cuts in top producer China, while lead surged more than 12 percent as the market fretted over lower inventories....
http://www.reuters.com/article/marketsNews/idINL1010897320080710?rpc=611

yunowu
Forum Leader

Posts : 419
Join date : 2008-06-21

Back to top Go down

Aluminum Falls From Record After Surge on China Supply Concern Empty Re: Aluminum Falls From Record After Surge on China Supply Concern

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum