China might face aluminum shortages by 2010 - CRU

According to Mr Paul Robinson the group manager of non-ferrous metals at CRU Analysis, at the 13th World Aluminum Conference, the world's largest producer of aluminum, China, might face aluminum shortages by the end of 2010.

He said that the major reason is that the continually falling aluminum price and increasing aluminum inventory will cause China¡¯s aluminum manufacturers to postpone their aluminum production expansion plans.

Mr Paul Robinson also said that China¡¯s aluminum inventory may keep rising next year, causing the aluminum price gap between LME and Shanghai Futures Exchange to increase.

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