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.