Global Aluminium Metals Report - Business Monitor International - Industry Reports

Global Aluminium Metals Report

Global Aluminium Metals Report - Business Monitor International - Industry Reports
Global Aluminium Metals Report
Published Aug 06, 2016
74 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

BMI View: We forecast aluminium prices to average USD-,---/tonne in ----, representing the annual low of over a decade, and stabilise thereafter as the market slowly tightens. Short-Term Outlook (three-to-six months) We expect three-month LME aluminium prices to respect lows around USD-,---/tonne as the metal continues to stabilise in ----, supported by the winding down of the US dollar bull run and capacity cuts by major producers. ...BMI View: We forecast aluminium prices to average USD-,---/tonne in ----, representing the annual low of over a decade, and stabilise thereafter as the market slowly tightens. Short-Term Outlook (three-to-six months) We expect three-month LME aluminium prices to respect lows around USD-,---/tonne as the metal continues to stabilise in ----, supported by the winding down of the US dollar bull run and capacity cuts by major producers. We expect aluminium to trade continue to trade between USD-,-----,---/tonne over the coming months, averaging USD-,---/tonne over the year. Our forecast implies a relatively neutral near- term view, with spot prices on July -- at USD-,---/tonne. On the one hand, US dollar weakness will support a recovery in metal prices, while the beginning of a new Chinese yuan bear market will keep a lid on prices over the coming quarters.

...Global aluminium production growth will slow due to persistently low prices. We forecast global output to grow by -.- in ---- compared to -.- in ----. ...We forecast global output to grow by -.- in ---- compared to -.- in ----. China will remain the driving force behind global aluminium production, with output growth consistently outpacing the rate of global growth. China s output growth will slow from --.- in ---- to -.- in ----, as high-cost, smaller-scale producers cut capacity. ...Weak smelter margins will continue to be exacerbated by elevated electricity costs and cheaper imports. We expect US aluminium to halve in ---- and continue to contract over our forecast period to ----.

...Global aluminium demand growth will wind down over the coming years, averaging -.- over --------- compared to an annual average of -.- growth over the previous five year period. China, which we estimate to account for --.- of global consumption in ----, will drive the slowdown in global demand growth. ...

  
Source:
Document ID
2397-5164
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Global Aluminium Metals Report" Aug 06, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Global-Aluminium-Metals-Report-2026-1846>
  
APA:
Business Monitor International - Industry Reports. (2016). Global Aluminium Metals Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Global-Aluminium-Metals-Report-2026-1846>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.