Demand Contraction Deepens, Growing Oversupply Ahead

 

KEY MESSAGES

  • World primary aluminum demand contraction will deepen during the…
     

  • We have further downgraded our demand expectations, anticipating contracting demand in Europe to result in a further slowdown in Western World demand growth to…
     

  • Mounting signs of rising metal availability continue be seen, signaling an…
     

  • LME prices have plunged further as anticipated toward our $… per mton target, raising the odds of prices visiting the $… per mton zone in…

 

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