LME aluminum price rose back by 1% to US$3,094/ton as of 7:58 a.m. local time yesterday. The bounce was due to investors' assessment that China's major infrastructure project will push and decrease the aluminum inventory.
China’s President Xi Jinping appealed to stimulate infrastructure spending, the latest measure to boost China's economy which was impacted by epidemic prevention blockage.
LME aluminum driven up by China’s stimulate policy
27 Apr 2022 17:01 reported by Joy Liu
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