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SHANGHAI, Jan 31 (SMM) – Regarding the near-term aluminium prices, SMM analysts have highlighted several bearish factors that are imminent, but expressed optimism over the overall price trend.
Market concerns about a COVID-19 outbreak in Baise in South China's Guangxi Zhuang autonomous region, a major domestic aluminum production hub, coupled with low levels of global inventory, are expected to further inflate aluminum prices, analysts said on Friday.
Few predicted that the small budget Chinese suspense/comedy movie Be Somebody would perform so well in terms of word of mouth and box office during the post-National-Day movie season in the Chinese mainland, especially considering the near silence surrounding Hollywood and overseas blockbusters released around the same time such as US epic sci-fi movie Dune.