The aluminium market service short term outlook (STO) is published monthly and provides a forecast of aluminium supply and demand fundamentals over the next two years. After an extended period of nominal market surpluses the global aluminium market looks to be finally moving definitively towards balance over the next 2 3 years. Much will still depend on supply side adjustments in China and how they play out over the near term. Pollution related cutbacks and a clampdown on regulation non compliance for new capacity are back on the agenda. Unsurprisingly the LME price has continued to show strength during April trading mostly well above $1900/t and has been the best performing metal on the LME over the past month.