首页|Japan aluminium buyers hope LME 3-Mo price to fall further
Japan aluminium buyers hope LME 3-Mo price to fall further
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NSTL
Japanese aluminium consumers prefer to wait for the London Metal Exchange benchmark three-month aluminium contract to fall to 1,320 US dollars-1,325 US dollars a metric ton before buying aluminium in the physical market, Japanese traders said. "We don't think (the current LME three-month aluminium price) is the bottom level. Our customers now wait and see for a lower price," a Japanese trader said.Japan is one of the world's biggest aluminium consumers. Japanese consumers have slowed down in purchasing aluminium since last week on anticipation of further LME price falls, according to traders.
NSTL
