ALUMINUM Aluminum News Stories Following aluminum news is the key to trading fundamentally. Below you can find links
to articles in the news that discuss market fundamentals that could potentially affect the price of aluminum on the NYMEX commodities
exchange. Before you invest in the aluminum futures market you should do your own research. 1. Bloomberg.com “Palladium, Nickel Seen Gaining From China Consumption
Shift” April 26, 2012 Aluminum, nickel, palladium and gold may benefit
from China’s shift toward consumption-driven growth from an economy fueled by investment, while agricultural products
are set to lag behind, according to Barclays Capital.
2. Bloomberg.com "China May Idle Most Aluminum
Capacity Since 2009: Commodities" January 12, 2012 Chinese aluminum smelters may idle their annual capacity by one-third,
the most in three years, as energy costs soar and prices slump. Aluminum prices will stay low until Chalco and other smelters
cut production, UBS’s Hickson said. Prices may average $2,275 a ton, down from last year’s $2,397, according to
the median of 18 analyst estimates compiled by Bloomberg.
3. Bloomberg.com "Shanghai Copper Stockpiles Jump; Aluminum
at 20-Month Low" July 1, 2011 Aluminum
inventories tumbled to a 20-month low... Aluminum inventories declined for a 16th week, losing 15,878 tons to 254,617 tons,
the lowest level since October 2009.
4. Reuters.com “Alcoa shares down on fears over aluminum price” April 12, 2011 "We believe that aluminum prices have limited upside from current levels as the global market (excluding China)
remains in surplus," he wrote "Chinese restarts negatively impact sentiment, physical premiums are holding steady,
and the energy cost push over the past several months starts to have less incremental positive impact on the market price." 5. Global Industry Analysts, Inc. "Global
Aluminum Market to Exceed 52 Million Tons by 2015, According to a New Report by Global Industry Analysts, Inc." January
17, 2011 GIA announces the release of a comprehensive global report on the Aluminum
markets. The global market for Aluminum is expected to exceed 52 million tons by 2015 driven by enhanced consumption in non-traditional
markets such as China and India, and increasing use in automotive and packaging industries.
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