SMM Summit 2016: China Aluminum Supply to Shift into Surplus in 2017

Published: Nov 15, 2016 15:01
Aluminum supply in China will shift from deficit into surplus in 2017, SMM aluminum analyst said at SMM 2016 China Metals Summit (CMS) in Shanghai from Nov. 10-11.

SHANGHAI, Nov. 15 (SMM) – Aluminum supply in China will shift from deficit into surplus in 2017, SMM aluminum analyst said at SMM 2016 China Metals Summit (CMS) in Shanghai from Nov. 10-11.

China’s actual aluminum consumption will grow 8.93% in 2016, 0.56 percentage point higher than in 2015, but the growth will slow down to 6.09% in 2017, SMM predicts. 

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China’s aluminum output will grow 3.99% in 2016, 6.32 percentage points lower than in 2015, but the growth will pick up to 10.06% in 2017, SMM expects. 

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SMM Summit 2016: China Aluminum Supply to Shift into Surplus in 2017 - Shanghai Metals Market (SMM)