Metals News
[Al] CBI Morning Review - 2009/1/14 Aluminum Market
data analysis
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Jan. 14 (CBI China) -- The amendment index of U.S. new orders in December fell sharply compared to the primary index, market concerns increased about the deterioration future economy, London base metals plunged, the rebound of at-the-close order offset some downward trend, overnight three-month LME aluminum closed at USD 1,515/mt, only down USD 5/mt, and the prices fell ever to USD 1,464/mt. The prices will continue to fluctuate with slight decline in domestic market.

 

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