Name: Global aluminium long-term outlook Q2 2020
Brand: Wood Mackenzie
SKU: 130596
Price: 10000 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Commodity Market Report 19 June 2020

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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The aluminium metal market service long term outlook (LTO) is published quarterly and provides a detailed forecast of aluminium supply and demand fundamentals out to 2040. Wood Mackenzie’s latest iteration of the global aluminium market balance shows a market that will move into surplus from 2020 onwards. Between 2020 and 2024, we expect a cumulative surplus of more than 2 Mt. This is despite negative production adjustments between 2020 and 2022. Unsurprisingly, our average annual LME price forecast in nominal terms will stay below US$1800/t over the next four years. The message is clear, from the starting point of 2019, producers will need to make production cuts over and above our implied cuts to bring the market back towards balance.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Primary aluminium market outlook
    </li>

<li class="list__item-toggle font-semibold">
        Scenario analysis
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<li class="list__item-toggle font-semibold">
        Alumina market outlook
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<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Global aluminium long-term outlook Q2 2020.pdf</p>
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    <span>PDF</span>
    <span>2.22 MB</span>
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<p class="font-regular" >Aluminium_Tables_Q2_2020.pdf</p>
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    <span>PDF</span>
    <span>1.65 MB</span>
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