Wednesday, November 15, 2017

Aluminum Weakness May be Temporary

Yes, the aluminum price has fallen back this month. Yes, it is looking decidedly weak compared to its high point of $2,215 per metric ton earlier this month. Yes, inventory on the Shanghai Futures Exchange (SHFE) is building rapidly, hitting a record high this week of 666,581 tons, according to Reuters. Benchmark Your Current Metal...

The post Aluminum Weakness May be Temporary appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.



from Metal Prices – Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner https://agmetalminer.com/2017/11/16/aluminum-shanghai-futures-exchange-china-national-bureau-statistics/

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