Exchange quotations in aluminium world market increased

Almaty. March 29. Kazakhstan Today - The exchange quotations in the aluminium world market increased in March. The monthly average price of aluminium at the London Metal Exchange (LME) went up at the last tenders.

Despite rather weak fundamental indicators of the market of aluminium, there have been considerable surplus of this metal for the second year and a record level of exchange stocks, the aluminium prices remain at high levels. The analysts of Morgan Stanley explain this fact by the increase in quantity of exchange financial transactions with use of aluminium ware house stocks.