Aluminium: Vulnerable to China capacity cut news flow

We have upgraded our LME cash price forecasts this month to reflect the resilience of the speculative rally this year and the fact that the market has become, and is likely to remain, bullish to continuing efforts to control air pollution in China.

Cost inflation from raw materials has also become a factor. But on the key issue of the Chinese supply cuts, we remain non-believers. The government’s...


Andrew Cole

February 27, 2017

00:00 GMT