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

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November 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 exports of unwrought aluminium and aluminium product down for five consecutive month
According to preliminary data issued by China Customs, the country exported a total of 431,000 tonnes of unwrought aluminium and aluminium products in October. On an m-o-m basis, exports declined by 0.9% from 435,000 tonnes, and down 10.6% from the same time period of last year. October was the fifth consecutive month of decline in China’s export volumes on a y-o-y basis. Total exports for Jan-Oct amounted to 4.802 million tonnes, up 1.3% from Jan-Oct 2018. We expect China's aluminium exports to continue registering y-o-y declines in the final two months of the year and for 2019 as a whole, total exports should be roughly flat with 2018's 5.8 million tonnes.

China's automobile production and sales continued to recover in October

According to the latest...


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