Posted on July 22nd, 2008 by admin
LME aluminum falls as stocks surge
London Metal Exchange base metals prices decreased last week, except for lead.
The stocks of aluminum on the LME increased to some 1.12 million tons due to the weak demand from US automobile industry. The stock level is the highest level since May, 2004. Therefore, the three month price of […]
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Posted on July 13th, 2008 by admin
Following are the updates on LME warehouse stock movements for 11, July, 2008;
Metals LME warehouse stock movements
Copper -725
Aluminium -400
Nickel -288
Zinc -450
Lead -2225
Tin -530
Source: www.commodityonline.com
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Posted on July 9th, 2008 by admin
Production cost may lift aluminium prices
Source: Commodity Online
NEW DELHI: Rising energy prices may push up aluminium prices to new heights across the globe.
According to analysts, however, rising production and stocks and slowing demand may not allow the commodity keep the lofty levels for long time.
The metal used in power, transport and packaging hit a […]
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Posted on June 13th, 2008 by admin
For current London Metal Exchange (LME) Pricing, feel free to visit
www.scrapmetalpricesandauctions.com/lme/
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