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Stock impact report

METALS-Shanghai aluminium hits near 6-month high as demand seen rebounding [Reuters]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
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Company Research Source: Reuters
METALS-Shanghai aluminium hits near 6-month high as demand seen rebounding BEIJING, April 25 (Reuters) - Most base metals advanced inearly trade on Thursday as investors hoped for a U.S.-Chinatrade deal, with Shanghai aluminium hitting a near six-monthhigh on expectations of higher consumption and lower stocks. FUNDAMENTALS * ALUMINIUM: The most traded June aluminium contract on theShanghai Futures Exchange rose as much as 0.7 percentto 14,255 yuan ($2,118.38) a tonne, the highest since Oct. 31,further easing pressure on Chinese smelters' margins. * ALUMINIUM STOCKS: Aluminium inventories in London MetalExchange warehouses fell by 14,175 tonnes on Wednesday to 1.03million tonnes, the lowest since October MAL-STOCKS. * COLUMN: Global aluminium output flatlines as outagesoffset ramp-ups: Andy Home * COPPER: ShFE copper rose 0.7 percent to 49,310yuan a tonne, while three-month LME copper was flat at$6,448 a tonne, after closing up 0.6 percent on Wednesday. * COPPER: The Show less Read more
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