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    Aluminium price in weak

  • China Aluminium Network
  • Post Time: 2008/11/7
  • Click Amount: 442

    Outlook on the after-market of aluminium


    Shanghai Aluminium was falling greatly on October to as low as 13200 points, close to the record low of 12665 points. While it is very likely to fall below 13000 as the pressure on the cost never eased.


    Reasons that caused greatly cut the futures price remained as follows: 1. US dollar continues to rebound, and to 92 points at least in the short run; 2. financial crisis degenerates and is beginning to hurt the real economy.

    Source: www.alu.com.cn
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