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    Good Prospect of Copper & Aluminum Market

  • China Aluminium Network
  • Post Time: 2007/10/27
  • Click Amount: 604

    Experts from futures research institute say that rare copper ore will limit output growth of copper products. Although copper consumption of western countries increases a bit slightly than before, China will bring a positive impact on it.


     


    Some insiders think copper stockpile is at the lowest point in the history, so copper price remains a rise space. Compared with international copper price, domestic copper price is on the low side. China maintains supply and demand balance through import, however, this situation won’t continue any longer, for domestic copper price has potentiality to rise.


    Due to slight increase of aluminum stockpile, aluminum price increases a bit slightly that before, but future aluminum price has been at the highest point in the history. Commodity fund continues to purchase aluminum products.


     


    Aluminum will be the best basic metal next year. China will take a crucial place in global aluminum products market.


     


    It is said that aluminum will reach supply and demand balance in 2008, and China will be net import & export country in 2009.


     


     

    Source:
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