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Home / Metal News / [Al] CBI Morning Review - 2009/7/7 Aluminum Market

[Al] CBI Morning Review - 2009/7/7 Aluminum Market

iconJul 7, 2009 00:00
Source:上海有色金属网

SHANGHAI, July 7 (CBI China) -- LME base metal prices moved downward and then went higher on Monday, and the electronic trading plunged and gained some losses at closing. LME aluminum price closed at USD 1,616/mt, up USD 13/mt, and the inventories declined by 1,375mt to 4,399,350mt. The negative non-farm employment data and plunged crude oil prices announced by the US last week weighed on downstream purchasing interest. China will release a series of trade data this week, and SHFE aluminum price is expected to continue to fluctuate.

 

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