Next 3-6month will increase in China's exports of semi-finished aluminum

2017-03-31

 Expected China's aluminum production will not increase sharply,next 3-6 months of semi-finished aluminum exports are expected to increase,but the growth in demand outside China can offset the impact of the increase in Chinese exports.

 China export profit margin rose 20%,implying that 3-6 months exports will increase in the future,potentially inhibit the LME prices upward.

 Including unreported stock,stock exchange,producer and the Japanese ports in stock,global aluminum stocks almost reduced to approximately 8 million ton level before the financial crisis.