| 25.02.2009 - Aluminium gains despite record inventories |
| From Metalmarkets.org.uk: Most base metals prices were higher Tuesday on gains in US equities markets, which encouraged investors to believe that demand for copper, aluminium and other metals used in industry will rebound. Three-month aluminium added $45 to $1,333 per tonne in London even though inventories in London Metal Exchange warehouses are up to 3.2 million tonnes, a record as stockpiles have gone up by 36 percent since the beginning of the year..... Full Article: Source |