Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

August 2017 | Aluminium Weekly Market Tracker


Carbon Products: Carbon markets are not showing signs of a dramatic decline in demand


Over the next month things should start to get a little clearer as to what is really going on in China.

As discussed in the Supply section of today’s report, official statistics indicate that Chinese aluminium smelters were operating at an annualised rate of just 31.6mtpy in July, down from 35.7mtpy in June. This is a huge drop, which far exceeds our expectations. It also far exceeds the reports of illegal smelter closures, even when taken at face value. We find it extremely difficult to have any confidence in these numbers. Cuts on these scale should have had a major ripple effect on the carbon raw materials markets, and this has simply not occurred. ...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?