Aluminum market report October 2011
2011-11-21 10:16:35 【Print】
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Chinese domestic and foreign aluminum ingot market kept weak after National Day Holiday. Influenced by the problems of European debts crisis, China aluminum ingot prices decreased sharply in October and aluminum plant made losses. Meanwhile, the demand for aluminum ingot was weak with increasing inventories due to tight funds. With the declines of aluminum ingot and the increase of imported alumina, the domestic alumina price went down, but the space was limited due to few stocks.
