Commodity Market Report

Global aluminium short-term outlook February 2018

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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. For a short month, February packed in a lot of developments. Despite the China market winding down for the New Year, large single day LME stock increases in Asian warehouses, the emergence of a large cash to 3 month backwardation and tougher than expected recommendations from the Section 232 investigations on aluminium imports by the US Department of Commerce kept the market on edge.

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Tables and charts

This report includes the following images and tables:

    PMIs flat-line ahead of Chinese New YearJapanese semis outputJapanese housing starts
    Domestic shipments of sheet and plate surgeSheet output surges in DecemberNorth Americanshipments of extrusionsUS imports of flat rolled products form ChinaEuropean PMIRest of World alumina balances, China imports and Spot prices, 2017-2020, (kt)
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    Global aluminium short-term outlook February 2018

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