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[Al] CBI Morning Review - 2009/4/14 Aluminum Market

iconApr 14, 2009 00:00

SHANGHAI, Apr. 14 (CBI China) -- Overnight LME market remained closed during Easter Day. As China released the positive economic data recently, SHFE copper rose strongly, propelling LME Asian electronic trades to open at high. The resource supply increased obviously in domestic spot aluminum market, and the ample supply is expected to meet the needs of delivery, so SHFE aluminum price will meet relatively high downward pressure once the copper price keeps fluctuating.

 

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