Barclays Capital blows cold on base metal ETP’s
Mineweb.com reports that, according to Barclays Capital, base metals ETPs are not likely to appeal to investors in the way that precious metals ETPs do.
Articles Tagged "base metals"
Rusal Climbs to Highest Since Debut
Bloomberg.com reports that Rusal, driven by higher aluminum prices, shot up to record highs in Hong Kong.
Arbitrage opportunity increases China’s aluminum imports
Aluminum’s fundamentals remain dire, despite the upswing in Chinese Imports. Imports in the country are rising due to an arbitrage opportunity as Shanghai Futures Exchange aluminum is selling at a premium of $400-$500 per tonne on the London Metal Exchange.
Will infrastructure spending rebound aluminum?
World aluminum prices recorded a marginal gain on Monday on the back of news that the incoming US administration will be unveiling a major stimulus package. US President-Elect Barrack Obama announced plans for the biggest infrastructure investment since the creation of an interstate highway in the 1950’s.
