January 2019 | Aluminium Weekly Market Tracker
Primary and Secondary
Analysis of consumption and production of primary aluminium, and an analysis of the market drivers of secondary aluminium and aluminium.
Demand Analysis:
Aluminium consumption in China to enter weak season in Jan-Feb
A total of RMB 1.39 trillion local government bonds authorized by the National People’s Congress will be issued ahead of the original plan, and this is expected to smooth out the seasonal impact on the aluminium demand. But considering the China’s Lunar New Year sits in early February and also due to the unfavourable weather condition in winter, we believe downstream producers will scale down their operations and therefore aluminium consumption in China will enter the weak season in January-February.
China’s possible reduction in electric vehicle subsidies is not likely to have any significant impact on aluminium demand in 2019
In order to boost its electric vehicle industry, Chinese government has been providing subsidies for electric vehicles since 2010, but there has been expectation that the subsidy could be wound...
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