Demand Review and Forecast of Secondary Aluminium

SHANGHAI, Mar 3 (SMM) - On the demand side, due to the withdrawal of favourable policies, the intensive demand release at the end of the year, and the early Chinese New Year holiday, the automobile market was average in January and February. Meanwhile, and the demand from motorcycle and machinery sectors also rebounded slowly. The weak demand and fierce market competition post the Chinese New Year restrained the rise in the ADC12 prices to a certain extent. The market sentiment towards the follow-up consumption recovery diverged. Some market players expected that the demand will pick up sharply after March while most of others held a cautious attitude.