Aluminum Prices Bounce Back

Bloomberg reported that aluminum prices have bounced back following positive comments from China’s Li Keqiang regarding China’s economy.

As quoted in the publication:

Aluminum had dropped for the past few days as a strengthening dollar hurt demand. Speaking in a keynote speech at the Boao forum in Hainan, southern China, Li said China was confident of maintaining more than 6.5% growth rate over the next five years. The job market was steady in the first two months and the quality of economic growth is improving, he said.

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