15 SEPTEMBER 2011China Aluminium Network
Positive prospects for Aluminium
Edited by : AL CIRCLE
1 min read
For the aluminum metal,companies have a very positive view mid- to long-term as far as its global demand prospects are concerned.
The market for aluminum outside of China “may take a small beating” from the global economic slowdown, according to the company.It is expected that companies will conclude next year’s aluminum sales at lower premiums compared with this year’s contracts because of lower demand.
Aluminum output in the Western world should exceed demand by about 800,000 tons this year, with the surplus narrowing to 680,000 tons next year, and moving into deficit in 2015, according to Societe Generale SA.
The market for aluminum outside of China “may take a small beating” from the global economic slowdown, according to the company.It is expected that companies will conclude next year’s aluminum sales at lower premiums compared with this year’s contracts because of lower demand.
Aluminum output in the Western world should exceed demand by about 800,000 tons this year, with the surplus narrowing to 680,000 tons next year, and moving into deficit in 2015, according to Societe Generale SA.
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