Thursday, April 25, 2019

METALS-Shanghai aluminium hits near 6-month high as demand seen rebounding

Most base metals rose on Thursday on hopes of a U.S.-China trade deal, with Shanghai aluminium hitting a near six-month peak on expectations of higher consumption and lower stocks. FUNDAMENTALS * ALUMINIUM: The most traded June aluminium contract on the Shanghai Futures Exchange rose 0.8 percent to 14,270 yuan ($2,120.83) a tonne, the highest since Oct. 31 by mid-day, further easing pressure on Ch


from Reuters: Company News https://reut.rs/2GCgKZl

No comments: