Insight
How is the coronavirus affecting China’s aluminium market?
Report summary
The outbreak and subsequent spread of the coronavirus is fuelling uncertainty in the aluminium market. The LME price has already hit a two year low of US$1687/t in early February. The market remains wary of weaker economic activity and demand growth, logistical backlogs and the impact on output across the value chain. Even before the virus outbreak, our base case outlook for the metal was already showing a market moving into surplus, with all the risks pointing to a much larger oversupply position.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global cathode and precursor market strategic planning outlook - Q1 2024
Our latest long-term outlook detailing the global cathode and precursor market
$10,000
Insight
Coronavirus impact briefing: week ending 15 May
How the pandemic is affecting energy and natural resources
$1,050
Insight
Coronavirus to further depress global LNG markets
We estimate Chinese LNG demand could be 2.5 - 6.3 Mt lower, creating a sustained drop in North Asian LNG, European and US gas prices.
$950