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