Tue, Jul 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Metals and Minerals, Research more

Global aluminium market may witness 275Kt deficit in 2014

Posted on 04 December 2013

Aluminium market deficit excluding China is expected to go up further next year than in 2013, “provided producers go ahead with all the production cuts that have been announced, the global market balance will shift into a small 275Kt deficit next year-the first since 2006-07-substantially tighter than the 1.2Mt surplus we forecast back in mid-2013,” according to weekly report by London based Barclays.
In the context of 2014, “we forecast an average price of $1,838/t, which infers a very similar range-bound price dynamic to this year………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36064 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031