Zinc, aluminum on the block as Beijing reduces stockpiles

The Sydney Morning Herald reports that that the Chinese government intends to auction off aluminum, in addition to zinc.

The story is quoted as saying:

The government has sold paper pulp, magnesium, sugar, cotton and corn this year in an effort to ease shortages and curb prices. China, which is also the world’s largest aluminum consumer, planned to sell 96,000 tonnes of aluminum ingots through a public auction this week.

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