29.09.2008 - Aluminium: Mid-term price outlook not too rosy
From Thestar.com.my: The mid-term price outlook for aluminium does not look too rosy, as there are visible signs of slowing demand and high inventory on the London Metal Exchange. Over the past six months, the price of aluminium has gone down by 20%. In the same period, the price of other base metals like copper, lead, zinc and nickel has fallen by about 15% to 40%. On the LME, aluminium is currently trading at US$2,593 per tonne, down 17% from a high of US$3,122 per tonne in July. The average aluminium price in 2007 was US$2,677 per tonne..... Full Article: Source
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