Although the weak US Dollars was beneficial to the performance of basic metal price, the weakness of demand in the Chinese aluminum markets was unfavorable to aluminum price rising.
According to the analysts, though the stable aluminum oxide price was in favor of the costs. However, the increasing of inventory level of aluminum in the Chinese market and the stagnancy of purchasing was due to the approaching of the end of the year. As a result, they suggested the investors take a wait-and-see attitude.
Chinese aluminum market prices remain bumpy on weak demand
31 Jan 2018 16:05 reported by Joy Liu
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