Aluminum Prices Increased As We Rang in 2016

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slider-annualoutlook-blue2016The aluminum bulls came out to play over the New Year’s holiday with an increase in US consumer spending and a (momentary) bright spot in the Chinese economic recovery leading to an increase in aluminum prices. It was short lived, however, as the Chinese economic outlook promptly receded and along with it, the brief upward tick of aluminum prices.

Our own Stuart Burns commented that the trend remains a downward one and any bullish turns will eventually succumb to the falling price trend for aluminum and other metals. You can stay on top of aluminum and other industrial metals for 2016 by claiming your copy of our complimentary Annual Metals Outlook.

Get your copy here!

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