Sat, Mar 28, 2015
A A A
Welcome preal121
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 39856 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031