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ROW’s Production Shortfall in 2015 Can Only be Avoided if Demand Contracts
Abstract: Global manufacturing activity is expanding at the slowest pace in four months, mainly amid cooling growth in Europe, North Asia and Brazil...

Downward Pressure Building Up, A Gradual Fall Ahead?
Abstract: Regional Aluminum Premiums Report Q2 2014

LME Prices fall in September but Bullish Sentiment Towards Aluminum Firms Further
Abstract: In September, LME aluminum prices fell for the first time in four months...

Alumina Spot Prices Up as China’s Deficit Widens; Upgrading Our 2015 Price Forecast
Abstract: Alumina spot prices reached in October their highest level in three years driven by Chinese demand. Australia alumina spot prices trade at $357 per mton and are up 5.6% from a month ago. Prices have continued to gain ground as China has increased its imports of alumina given re-stocking, lower domestic production and as Chinese domestic alumina prices have climbed above Australia alumina spot prices for the first time since August 2013 (adjusting for freight). HARBOR has upgraded its 2015 alumina price forecast. This amid higher expected aluminum LME prices next year, strong demand from China for imported material as smelting expansions continue and higher alumina domestic prices in China make imported alumina more attractive. However...

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