03.02.2012 - Aluminium to hit $2,400/ton before the end of May; $2,600 before 2012
Aluminum is no longer in a downtrend and they look for further prices gains. LME aluminum hit a four-month high of $2,310 a metric ton in late January, said Harbor Intelligence in a research note. According to Harbor Intelligence, investment activity was the most significant driver of the price action with funds buying to cover positions in which they previously sold...............................................Full Article: Source
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