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Here’s An Unexpected Jump in Base Metals Prices

Posted on 03 June 2014

There’s been increasing uncertainty in base metals markets lately. Zinc may be headed for under-supply as key mines globally shut down. Copper demand in China has been somewhat erratic of late. And data last week suggest that yet another metal may also be seeing some big changes.
Aluminum. Black China Blog reports that aluminum premiums in Japan have been surging of late. With buyers here being asked to pay premiums of up to $410 per tonne for the third quarter of the year. That’s a significant rise from the previous quarter. Representing a 9% increase………………………………………..Full Article: Source


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VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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