Sun, Aug 28, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Metals and Minerals, Research, Resources more

Aluminum surplus may widen by 36% in 2009

Posted on 28 November 2008

From Bloomberg: The global aluminum surplus is expected to rise 36 percent next year as supply increases and demand falls, Goldman Sachs JBWere Pty forecast.

Aluminum supply may exceed demand by 2.18 million metric tons, rising from an excess of 1.60 million tons this year, Goldman said. Further production cuts were “desperately needed in order to avoid a massive inventory-build,” analysts led by Malcolm Southwood wrote in the report yesterday….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 47424 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
August 2016
S M T W T F S
« Jul    
 123456
78910111213
14151617181920
21222324252627
28293031