Surge In Aluminum Canceled Warrants Not A Sign Of Rising Demand

Industry News 09:34:32AM Feb 02, 2012 Source:SMM

SINGAPORE, Jan 31 (Dow Jones)-- A rise in aluminum canceled warrants in London Metal Exchange-bonded warehouses since the start of the year is the result of market participants repositioning metal between different locations and doesn't indicate a surge in nearby consumption, industry participants told Dow Jones Newswires.
 

Key Words:  aluminum Al 

Surge In Aluminum Canceled Warrants Not A Sign Of Rising Demand

Industry News 09:34:32AM Feb 02, 2012 Source:SMM

SINGAPORE, Jan 31 (Dow Jones)-- A rise in aluminum canceled warrants in London Metal Exchange-bonded warehouses since the start of the year is the result of market participants repositioning metal between different locations and doesn't indicate a surge in nearby consumption, industry participants told Dow Jones Newswires.
 

Key Words:  aluminum Al