International Aluminium Institute has said that the total world aluminum inventories in December rose by 22,000 metric tons in December to 2.275 million tons, according to figures released on Monday. World stocks in November totalled at 2.253 million tons. December stocks were down 116,000 tons compared with the same month of 2011, when inventories totaled 2.391 million tons.
LME three month forward prices of Aluminium were down $ 33 per tonne on Monday at $ 2043 per tonne. On MCX, Aluminium was stationery at Rs 108.55 per kg, down 0.32%.
Powered by Commodity Insights