Surge In Aluminum Canceled Warrants Not A Sign Of Rising Demand -Shanghai Metals Market

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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 

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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