SHANGHAI, Oct. 9 (SMM) – The longs are not advised to enter the aluminum market, as no big turnround is expected to happen in the aluminum market during October, one CIFCO analyst told SMM in a recent interview.
“The policy-front action and demand conditions will determine October’s aluminum market”, the analyst said.
A moderate development of global automobile market will allow for a relatively balanced aluminum market in China as long as the resumption in domestic aluminum industry is at a slow pace, the analyst added.
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