Why aluminum prices are up; copper to follow
On Saturday, July 20, 2013 10:37:23 PM UTC-4, Ignoramus8648 wrote:
Storage costs is what Goldman is jacking up. But that only affects
futures pricing and settlement. It has no effect on off-exchange
aluminum trading.
i
Nice to see that someone understands what is happening.
Actually as I see it the storage cost per month of storage is not increasing. It is just that the length of time that one can store aluminum is increased.
Dan
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