Domestic Aluminum Up step by step

(China Aluminum Network) Entering into 2011, Shanghai Aluminum doesn’t continue uptrend momentum. For In future later, the trend of domestic monetary policy will become the major reason affecting aluminum price. The ratio of supply and demand makes aluminum market different from other base metals.

Supply limit drives supply-demand relation to get improved.

Conclusion:

To raise the deposit reserve ratio and to suspend the central voting issue arouses market concerns about further tightening of monetary policy. The writer gave exaggeration for current market. As time goes on, there will be more benefit. The situation of tight electricity coal supply can’t b changed in short period and it can’t increase electrolytic aluminum production obviously, which will become the main factor driving aluminum price to rise. In general, with the improvement of supply-demand relation, domestic aluminum price will rise gradually.

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