(Bloomberg) -- Aluminum, the worst performer on the
London Metal Exchange since 2002, has the best chance to advance
for at least the next six months.
A growing number of investors say takeovers of Alcan Inc. of
Canada and Russia's OAO Sual Group may reduce aluminum production
as China, the world's largest supplier, cuts exports. Aluminum
will be the only metal on the LME to gain for the rest of 2007,
while copper, nickel, zinc and tin decline, futures markets show.
Read more at Bloomberg Emerging Markets News
London Metal Exchange since 2002, has the best chance to advance
for at least the next six months.
A growing number of investors say takeovers of Alcan Inc. of
Canada and Russia's OAO Sual Group may reduce aluminum production
as China, the world's largest supplier, cuts exports. Aluminum
will be the only metal on the LME to gain for the rest of 2007,
while copper, nickel, zinc and tin decline, futures markets show.
Read more at Bloomberg Emerging Markets News
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