Tel: 86-510-68385696
Mobile: 86-13861867965
Email: metalexport@vip.163.com
 PRODUCT LIST
Copper & Brass Fin/Strip/Sheet
Aluminum Fin/Strip/Sheet
Copper & Brass Tube/Pipe
Aluminum Tube/Pipe
Soldering Bar
Auto Heat Exchangers
 
 Goldman estimates Aluminum price will go down to US$1800 per ton in the remaining time of 2015.
Goldman estimates Aluminum price will go down to US$1800 per ton in the remaining time of 2015.
发布时间:2015.06.03  浏览次数:
 

London, May 18th,2015. Goldman declares in a research report that China will continue to control the greater ratio of the aluminum ingot output in the world, as the manufactures in other countries are more sensitive toward the price going down of aluminum ingot. Goldman estimates due to the high pressure of over supply, the aluminum price will go down to US$1800 per ton in the remaining months of this year, while in 2016, the situation will be better.  

China is the major factor for the price fluctuation, as its output takes more than 50% of the global aluminum ingot output. Most of the over supply in this year will come from China. “Though during the past two years, the aluminum ingot manufacturers with high cost in China were confronted with great loss, however their output was not reduced, in fact, still rose”reported by Goldman. “Meanwhile, the manufacturers with low cost increase output in large volume, which make the overall output in China continuously rise.”

“To force the aluminum ingot manufacturers out of China further close to realize the balance between supply and need, we believe the aluminum price still needs to stay in this low level, even go down further during the year. To regulate the market, it’s difficult to rely on the production of China”, said by Goldman.

Goldman estimates, next year the balance between supply and need could be realized, which means the output from China will become further more among the total output volume in the world.

“We estimate in 2016 the aluminum price will rise, the LME Futures of 12 months may reach US$1900 per ton”, said the analyst.  


Copyright © 2015 Aluminium All Rights Reserved.