Chalco Info
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| Eröffnet am: | 28.11.07 15:22 | von: skunk.works | Anzahl Beiträge: | 4 |
| Neuester Beitrag: | 18.01.11 13:13 | von: brunneta | Leser gesamt: | 2.732 |
| Forum: | Hot-Stocks | Leser heute: | 2 | |
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Chalco (2600) (buy) raised its spot alumina price by 8.5% yesterday to reflect tightening supply. It boosted the price to 3800 yuan a tonne from 3500 yuan earlier. The increase was a quick turnaround as the company had earlier cut the spot alumina price 10% to 3500 yuan a tonne on September 13. The price rise will not have much impact on Chalco’s profit as less than one-third of alumina it produced was for external sale. However, tightening supply and price rise will help to push up aluminium price and boost Chalco’s margin
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http://www.rohstoff-welt.de/news/artikel.php?sid=22421
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http://www.boersenpoint.de/...500&comefrom=nachrichten&page=0
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