-Banner-

World market of aluminium remains stable

print version send link by email
11:22 21.04.2008
text: "Kazakhstan Today"
views: [94]

Almaty. April 21. Kazakhstan Today - World market of aluminium remains stable under quite high exchange quotations.

LME warehouses stocks of aluminium and of the stock exchange ShFE for the last month have increased. The stocks at the stock exchange COMEX have decreased.

According to the International Aluminium Association, world reserves of aluminium ingots, finished products and breakage, in March, 2008 reached the lowest parameter for the last three months.

According to the experts' data, world demand for aluminium within this period essentially exceeds the parameter of the same period of 2007. World production of aluminium has grown by 9.8%.

World demand for aluminium, as the experts predict, this year will grow and prices in the world market of aluminium for the nearest month will continue to be high.

This information may not be reproduced without reference to Kazakhstan Today