Metals News
[Al] CBI Morning Review - 2008/12/30 Aluminum Market
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Dec. 30 (CBI China) -- Yesterday was the first trading day after Christmas holidays, due to the stimulus shortage of various types of data and news, the market was relatively flat, base metals prices were mixed with up and down. Overnight three-month LME aluminum closed at USD 1520/mt, down USD 20/mt, the spot premium declined to USD 33/mt, the inventories increased by 3025 mt to 2.253 million mt. It is uncertain about the aluminum prices trend, the market sentiment will fluctuate in the remainder of 2008.

 

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