Real commodity price trends – part 3: Aluminium

The real price of aluminium is moving in a long-term downward trend. This will not change because of large over-capacities for production in China. The recent pickup in prices only seems to be a “dead cat bounce”.

 

Alu2

Alu1

Source of data: U.S. GEOLOGICAL SURVEY

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Posted in Financial Markets, Long-Term Charts, Long-Term Trends

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Welcome to the weblog of Karl-Heinz Thielmann, fund manager, financial analyst, economist and dedicated long-term investor.

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