Chinese copper and aluminum demand to rise

The Commonwealth Bank of Australia indicated that although Chinese industries are sluggish in the H1 of 2010 the demand for copper and aluminum is still expected booming in the future.

The PMI in August was 51.4 higher than the performance in July at 51.2. As a result, CBA pointed out Chinese government has carried out some policies to attract large investment in the field of low cost construction, supporting the huge demand for copper and aluminum in the next decade.

(Sourced from YIEH.com)

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.