Olympic preparations in China cause aluminum demand to rise

- October 30th, 2008

Aluminum Investing News reports aluminum demand rised as China prepared for its Olympics. The construction boom in China, which escalated prior to the opening ceremonies in Beijing, has caused a ripple effect that has raised the demand, and prices, of many commodities. Percentage-wise, aluminum spot price increases are on a par with oil price increases: … Continued

Aluminum Investing News reports aluminum demand rised as China prepared for its Olympics.

The construction boom in China, which escalated prior to the opening ceremonies in Beijing, has caused a ripple effect that has raised the demand, and prices, of many commodities. Percentage-wise, aluminum spot price increases are on a par with oil price increases: projections indicate this trend will continue well into 2009.

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