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Supply falls short of demand caused by cut of output of Chalco smelting factories
- China Aluminium Network
- Post Time: 2008/7/14
- Click Amount: 584
According to David Thurtell, analyst of Bank of Paris, 10 pct cut of output in some major smelting factories in China will cause a reduction of 83,000T aluminium monthly.
If this situation lasts, the demand of aluminium will exceed supply in the Chinese market, which will intern greatly influence economy growth in the country.
It is predicted that China will be the country with most rapid economic growth.
However, resource shortage will bring some negative effect.
According to analyst, the global supply may not satisfy the vigorous market, which means the storage will drop to a low-down level.
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