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

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October 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:

China's retail sales of passenger cars dropped 6.6% y-o-y in September
According to the latest data from the China Passenger Car Association (CPCA), September retail sales of passenger vehicles in China dropped 6.6% y-o-y to 1.81 million units. On an m-o-m basis, retail sales of sedans, multi-purpose vehicles (MPVs), sport utility vehicles (SUVs) and minivans rose 13.8% in September from August level, a better m-o-m growth rate than 5.4% witnessed in August. For the first three quarters of the year, total retail sales came in at 15.03 million units, down 8.6% from the same time period last year.

While the series of stimulus measures implemented by the Chinese government in the first half of the year have provided support to the country's building & construction sector, which continued to witness healthy y-o-y growth rate, the automobile sector continued to be...


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