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Chalco Sees Aluminium Price $1,800-2,300 Rest of Year
SHANGHAI, Aug. 25 -- Aluminium Corp of China (Chalco) (2600.HK: Quote)(601600.SS: Quote) expects global aluminium prices to hold in a range of $1,800 to $2,300 a tonne for the rest of the year, the company's president Luo Jianchuan said on Tuesday.
The LME aluminium price MAL3 is trading around $1,920 a tonne.
Domestic prices were expected to range from 14,000 yuan ($2,049) to 16,000 yuan per tonne, Luo told a news conference.
(Source: Reuters)
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