The aluminum price is more likely to decrease

Experts forecast that the aluminum price is not as strong as other raw materials, partly because worldwide aluminum producers have less difficulties in increasing aluminum supply. The people who pay a close attention to Alcoa bid 27 billion U.S dollars to purchase its rival Alcan may ignore a potential threat in the global aluminum market: Asia¡¯s growing threat of competition.

It is so in China particularly. China¡¯s aluminum companies are improving smelting capacity quickly. Different from other agricultural and mineral products, china is a net aluminum exporter and may export more aluminum in future. That means, at a minimum, the products of America aluminum and other western enterprises are not necessary to meet the rapidly increased demand. In the worst condition, this may lead to a decline in aluminum price. 

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