Aluminium inventories keep falling

Despite the dramatic drawdown in stockpiles, aluminium prices have been steady for much of 2016.

By Edward Bell

Facebook
Twitter
Linkedin
Email

Aluminium inventories in the LME system have pushed lower consistently since the start of 2014 and are now at their lowest levels since mid-2008. Despite the dramatic drawdown in stockpiles, aluminium prices have been steady for much of 2016 and are on track to meet our Q1 forecast of USD 1,500/tonne.

Click here to read the full publication