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Will China RRR Cuts Boost Aluminum Market?

The People’s Bank of China (PBOC) will reserve requirement ratio (RRR) by one percentage point, the central bank announced on Sunday.   What impact will the RRR cuts have on aluminum market?   The monetary stimulus will boost aluminum market, but any ...

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Primary Aluminum market turns into deficit during January – October

The latest report published by the World Bureau of Metal Statistics (WBMS) indicates that global primary aluminum market has recorded a deficit during the initial ten months of the year. As per the report, the market turned into a deficit of 542,000 ...

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Aluminum Market Morning Review (2014-12-8)

LME aluminum crept higher to USD 2,008/mt after opening last Friday at USD 1,991/mt. But prices were dragged down by a firmer dollar to USD 1,977/mt later. US non-farm payrolls rose 321,000 in November, well above expectations. This triggered worries over an ...

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