Name: Global aluminium short-term outlook December 2018
Brand: Wood Mackenzie
SKU: 101865
Price: 5000 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Commodity Market Report 21 December 2018

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Report summary

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. Aluminium prices consolidated lower during December, weighed down by weak economic data from China, strength in the US dollar and an increase in LME deliveries caused by backwardation in December-January spreads. The LME price came under renewed downward pressure on 20 December, following the US Treasury Department’s announcement that sanctions against UC Rusal would be removed within 30 days. Despite broad market expectations that the US government would end Rusal sanctions, the announcement seems to have caught the aluminium market by surprise.

Asia ex-China
India
Europe
United States
- Summary of November production, kt
- Changes in aluminium production estimates since November, (kt)
Alumina Market Developments
- Changes in global SGA production estimates since November, (kt)