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June 2009 | Base Metals


Price were lower across the board last week: Market Summary


Aluminium: The market seems in no mood to pull back too far yet. However, with LME stocks rising a further 99,075 tonnes last week, the fundamentals do not look at all strong. Overall, aluminium is being carried higher for the wrong reasons and we will continue to look for selling opportunities.

Aluminium alloy: Prices traded nervously either side of $1,370/tonne. The choppy trading may well suggest a change of...

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