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2021-04-02 10:57 | Report Abuse
What you say on aluminium market? Positive price trend in short to mid term.
(From the star business)
China's aluminium imports underpin physical premium surge.
Friday, 02 Apr 2021 6:48 AM MYT
LONDON: Japanese aluminium buyers have agreed to pay the highest premium in six years to get their metal in the second quarter.
The Japanese premium [PREM-ALU-JP>, which serves as a benchmark for the wider Asian market, has risen for three straight quarters to $148-149 per tonne over London Metal Exchange (LME) cash prices.
Rising physical premiums are a global phenomenon amid consumer restocking as the demand recovery gains momentum and turmoil in the shipping sector, which was restricting supply to consuming regions even before this week's blockage of the Suez Canal.
Even the world's largest producer - China - seems to be running short of aluminium. Its continued purchases of metal from the international market are underpinning the global premium surge.
2021-03-11 09:28 | Report Abuse
Sooner or later, the aluminium related companies in malaysia will charge up again, the aluminium companies in US are up on the trend for last few days.
2021-02-18 09:51 | Report Abuse
Aluminum price hit new high in 2 years last night. This stock is the prime commodity play counter in Bursa amid global theme of reflation and inflation and commodity heat.
Stock: [OMH]: OM HOLDINGS LIMITED
2021-09-27 09:47 | Report Abuse
OMH is quite similar as PMBtech, both in special metal alloy industry, operating in Sarawak capitalizing on long terms greener and cheap hydro power while other players in the world (especially in China) are cutting output due to environmental concerns, their prices should be strong and up in short to mid terms.