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aluminum-investing

Aluminum Stockpiles Fall for 26th Session on Worldwide Decline

Investing News Network
Jun. 30, 2011 11:10AM PST
Market News

Bloomberg reports that Aluminum stockpiles tracked by the LME inched down for a 26th session.

Bloomberg reports that Aluminum stockpiles tracked by the LME inched down for a 26th session.

The market news is quoted as saying:

Inventories of the lightweight metal slid 10,300 metric tons to 4.50 million tons, the lowest level since Jan. 20, LME data showed today. The streak of declines is the longest since Aug. 26, 2004. Stockpiles have dropped 4.4 percent since May 24, according to exchange figures.

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