Aluminum declined despite stronger Japan's demand

Note: This section contains information in English only.
Source: Dukascopy Bank
Industry metals followed bullish trend on Monday after China's Premier Wen Jiabo announced that the country needs additional stimulus to boost growth.

Aluminum was the only loser despite improved Japan's demand. The metal continued to be affected by global economic uncertainty.

Copper managed to climb by more than 1% despite recent slump in China copper purchases caused by elevated inventory levels at Shanghai warehouses.

Nickel was the top-performer due to better spot activity and increased warrants at LME.

Zinc erased some of the previous losses on expectation for higher China's demand. However, high global stockpiles capped the upswing.


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