Aluminum Price Outlook Remains Bearish ...Middle East

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Aluminum Price Outlook Remains Bearish
source : OILPRICE ( Middle East ) () 20
Via AG Metal Miner Aluminum prices have stayed bearish in the short term. At the beginning of February, price action showed a short-term sideways trend, as no new lows or highs formed. This means prices need to break out of their current range to form a continuation trend or a downward reversal. Currently, however, future price direction remains unclear. Altogether, the Aluminum Monthly Metals Index (MMI) rose 1.18% from January to February. Russian Aluminum Heads to LME Months ago, MetalMiner analyzed the potential ramifications of a proposed…

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