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Aluminium price on LME fell down to USD 2705 per ton

Saturday, Jul 07, 2007
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World aluminium market faces alternate quoting fluctuation. Average price for available aluminium on London Metal Exchange (LME) in May amounted USD 2794, in June - USD 2677, on July 4 - USD 2705 per ton. However reserves on LME stocks decreased during the last month from 831 to 822 thousand of tones. International Aluminium Institute reported that world reserves of crude aluminium in the beginning of June, 2007, amounted 1,55 million of tones. World aluminium reserves including crow-bar amounted 2,89 million of tones decreased during the last month by 40 thousand of tones.

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