Enquire: +86-571-88225041
Email: aluinchina@hotmail.com
Your Location > Home > News & Market >Domestic News > WBMS: From January to September 2022, the global primary aluminum market has a supply shortage of 822,000 tons
Today' Focus
-
Hangzhou Jinjiang Group's general manager Zhang Jianyang, vice general manager Sun Jiabin and their team had attended the SECOND BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION, they also attended the signing ceremony of comprehensive strateg...
International News
Domestic News
Domestic News
WBMS: From January to September 2022, the global primary aluminum market has a supply shortage of 822,000 tons
- China Aluminium Network
- Post Time: 2022/11/18
- Click Amount: 645
-
【Aluminum Road Network】
The World Bureau of Metal Statistics (WBMS) released the metal balance report for January-September 2022 on November 16. The report shows that from January to September 2022, primary aluminum, copper, lead, and tin will be in short supply, while nickel and zinc will be in surplus.
From January to September 2022, the global primary aluminum market has a supply shortage of 822,000 tons
During the period from January to September 2022, the global primary aluminum market will have a supply shortage of 822,000 tons, and in 2021, there will be a supply shortage of 1.6 million tons.
In the first nine months of this year, the global demand for primary aluminum was 51.84 million tons, a decrease of 30,000 tons compared with the same period last year.
From January to September 2022, global primary aluminum production will drop by 332,000 tons. Production declines in Europe were more or less offset by increases in China and the rest of Asia.
Total reportable inventories at the end of September were 635,000 tonnes below the level at the end of December 2021.
As of the end of September, the LME's total inventory was 651,000 tons, and by the end of 2021 it was 1,213,400 tons. Inventories on the Shanghai Futures Exchange fell in September, but as of the end of September, inventories were 149,000 tons lower than at the end of 2021.
Overall, from January to September 2022, global primary aluminum production will decrease by 332,000 tons year-on-year. China's output is estimated at 29.88 million tons, up 2.5% year-on-year. China's metal production currently accounts for about 59% of the global total. From January to September, China's apparent demand increased by 0.1% year-on-year. In 2020, China will become a net importer of unwrought aluminum. From January to September this year, China Source:
- Copyright and Exemption Declaration :①All articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China
Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China
Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this.
②Articles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or
accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the
articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey
this.
③If any articles copied by our website concern the copyright and other problems, please contact us within one week.
