Rise in Chinese aluminium output, stocks could put downward pressure on prices

Chinese electrolytic aluminium production reached 2.77 million tonnes in April, up 1.1% from the same period last year, with growing stocks likely to put downward pressure on prices.

According to the key production data for industrial enterprizes above a designated size, published by the country’s National Bureau of Statistics (NBS) on Tuesday May 15, aluminium production increased in April and for the first four months of 2018 reached 10.89 million tonnes, up 0.2% year-on-year. The small increases...


Susan Zou

May 15, 2018

08:53 GMT