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Why aluminum shines amid base metals sell off

Posted on 15 March 2011

From Reuters: Aluminum has become the in-vogue defensive play amid the broader sell-off across the LME metals markets. This is partly due to the fact that there was less speculative premium built into the light metal than, say, copper.
It also reflects the unwinding and reversal of previous long copper/short Aluminum trading strategies, a trend that appreciably accelerated last week……………………………………….Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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