INSIDE CHINA: Slow aluminium capacity restarts will pick up speed, weigh on prices in Q4

High aluminium prices have boosted producer confidence in China, although prices will feel pressure from the fourth quarter onwards as capacity restarts and new capacity start to reverse the inventory draw down, says Bonnie Liu, gm of GF Futures (Hong Kong).

China produced 2.69 million tons (32.7 million tons annualised output) of refined aluminum in June, down by 2.4% year-on-year. This compared with 31.5 million tons of annualised output in May....


Fastmarkets staff

July 20, 2016

12:42 GMT

Hong Kong