WBMS: Primary Aluminum market in deficit during Jan – June 2015

Published: Aug 24, 2015 09:43
The global primary aluminum market has ended in a deficit of 380,000 tons during the initial half of the current year.

By Paul Ploumis 21 Aug 2015  Last updated at 07:49:24 GMT

The global primary aluminum market has ended in a deficit of 380,000 tons during the initial half of the current year.

SEATTLE (Scrap Monster): The latest report published by the World Bureau of Metal Statistics (WBMS) indicates that global primary aluminum market has recorded a deficit during the initial six months of the year. As per the report, the market turned into a deficit of 380,000 tons when matched with the deficit of 716,000 reported during entire year 2014.

The production of primary aluminum was up by 4,084 kt during the six-month period from January to June this year. The total reported stock of metal has declined further by 148,000 tonnes during the month of June. The stocks at the end of the initial six-month period stood at 4,549 kt, which is sufficient to meet 33 days demand. It must be noted that the stock levels at the end of 2014 had stood at 5,020 kt. The combined stocks held in London, Shanghai, USA and Tokyo exchanges totaled 3,888 kt at the end of June this year.

Global production increased by 16.8% during the period from January to Juen in 2015. China, with estimated production of 15,401 kt, accounted for nearly 55% of the world production. Production in the EU region rose 0.6%, whereas the output by NAFTA region fell by 3.1% year-on-year. The primary aluminum production for the month of June alone was 4,851.3 kt, whereas the consumption totaled 4,898.10 kt.

The Chinese net exports totaled 208 kt during the first six months of the year.

The WBMS report also states that the global aluminum demand rose by 16% during January to June this year to total 28.74 million tonnes, when compared with the corresponding period last year. The Chinese apparent demand went higher by almost 34% when compared with 2014. On the other hand, EU-28 dropped during January to June this year by 100 kt when compared with the previous year.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Baiyin Launches $950M Project for 800mt/yr Silver Powder & Paste, Targeting $9B Revenue
10 hours ago
Baiyin Launches $950M Project for 800mt/yr Silver Powder & Paste, Targeting $9B Revenue
Read More
Baiyin Launches $950M Project for 800mt/yr Silver Powder & Paste, Targeting $9B Revenue
Baiyin Launches $950M Project for 800mt/yr Silver Powder & Paste, Targeting $9B Revenue
Construction Content The project is planned to build a production site for PV and electronic-grade new materials centered on high-purity silver powder and silver paste, supported by intensive precious metal processing and the development of cultural and creative derivative products. Main products include high-purity silver powder (200 mt/year), silver ingots (200 mt/year), PV silver paste (200 mt/year), and silver jewelry cultural and creative products (200 mt/year), with total output value exceeding 9 billion yuan. The technology process adopts efficient electrorefining, with silver purity reaching above 99.995% (up to 6N grade), supporting high-end applications such as semiconductor bonding wires and superconducting materials.
10 hours ago
DKEM Reported a Swing from Profit to Loss in 2025, with Net Profit at -276 million yuan
10 hours ago
DKEM Reported a Swing from Profit to Loss in 2025, with Net Profit at -276 million yuan
Read More
DKEM Reported a Swing from Profit to Loss in 2025, with Net Profit at -276 million yuan
DKEM Reported a Swing from Profit to Loss in 2025, with Net Profit at -276 million yuan
DKEM (300842.SZ) reported attributable net profit of -276 million yuan in 2025, down 176.80% YoY, mainly due to fluctuations in raw material silver powder prices and the impact of non-recurring gains and losses. The company recorded operating revenue of 18.046 billion yuan, up 17.56% YoY; net profit excluding non-recurring items was 163 million yuan, down 62.78% YoY. The board of directors proposed not to distribute cash dividends. Operationally, full-year sales of PV conductive paste were 1,829.16 mt, down 10.23% YoY, of which N-type TOPCon battery paste accounted for 95.72%. The company will continue to increase R&D in N-type battery paste technology to consolidate its industry-leading position.
10 hours ago
Gold: Institutional Demand Wave Yet to Come – Silver Totters Despite Deficit
10 hours ago
Gold: Institutional Demand Wave Yet to Come – Silver Totters Despite Deficit
Read More
Gold: Institutional Demand Wave Yet to Come – Silver Totters Despite Deficit
Gold: Institutional Demand Wave Yet to Come – Silver Totters Despite Deficit
From the perspective of Sprott’s experts, gold remains a central strategic building block for investors, even if the precious metal suffers in the short term from the rise in US Treasury yields.
10 hours ago