Aluminium price forecasts raised

Print this page Posted on : 03-29-2008 by recycleinme.com
UBS raised its aluminium price forecasts for 2008, 2009 and 2010, citing power challenges in key producer regions, including South Africa and China. UBS raised aluminium price forecasts for 2008 to $1.45 a pound from $1.24, and 2009 forecasts to $1.60 a pound from $1.30. It raised its forecasts for 2010 to $2 a pound from $1.40.
Source : Business Line

Latest Scrap and Metal news

Spot rubber prices up with global market
Currency weighs on copper
Malaysia tin closes higher
Mixed trend in spot rubber
Copper hits 14-month high as equities climb
Nalco sells ingots at premium
Malaysia tin market closes higher

More Scrap and Metal news