Home > News > China

MARKET TALK: Copper, Aluminum Could Soften S/T - Macquarie

Monday, Apr 30, 2007
点击:

Copper, aluminum prices could weaken in short term on back of slowing non-China demand growth, prospect of weaker China demand in 2Q07, say Macquarie commodities analysts; recent strong demand growth for these metals likely too great to be sustained, with reports from China suggesting overstocking in copper, aluminum: "We don't expect this (demand growth) pace to be sustained, and indeed there are reports of a substantial fall in copper buying interest in April and May." LME 3-month copper last at $7,735/metric ton, vs recent high last week around $8,100; aluminum at $2,850 vs peak hit mid-April of $2,930.

Recommended exhibitions

16TH ARAB INTERNATIONAL ALUMINIUM CONFERENCE
  ARABAL, which is being organized and hosted by Qatalum, is the premier trade event for the Middle East's aluminium i......
Aluminium 2012
  ALUMINIUM is the leading B2B platform in the world for the aluminium industry and its main applications. This is whe......
The 4th edition of Zak Aluminum Extrusions Expo
 Date

  14th - 16th December 2012

  Venue

  Pragati Maidan,

  New Delhi,India.

  Exhibition Timings

 ......
ALUMINIUM DUBAI 2011
Name:ALUMINIUM DUBAI 2011
Time:2011-5-9 to 2011-5-11
Place:Dubai International Convention & Exhibition Centre, Dubai, UAE......