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SHANGHAI, Mar. 29 -- Aluminum Corp of China Ltd (2600.HK: Quote) (601600.SS: Quote) (ACH.N: Quote), the world's most valuable aluminum company, has predicted the recovering global economy and steady growth in China will boost aluminum demand this year.
Following are production capacity, output and consumption data for China and the global market in 2009, as well as Chalco's forecasts for 2010 (in million tonnes):
|
2009
|
2010
|
Alumina
|
|
|
Global capacity
|
99.95
|
104.80
|
Global output
|
72.66
|
82.80
|
Global consumption
|
72.36
|
78.40
|
China capacity
|
33.26
|
36.50
|
China output
|
23.82
|
30.80
|
China consumption
|
26.43
|
35.00
|
Chalco capacity
|
11.28
|
n/a
|
Chalco output
|
7.78
|
10.43 (calculation)
|
China imports
|
5.14
|
4.20
|
Import price (CIF)
|
n/a
|
$330-$400/T
|
Domestic spot price
|
n/a
|
2,600-3,200 yuan/T
|
Aluminum
|
|
|
Global capacity
|
48.05
|
51.00
|
Global output
|
37.68
|
41.60
|
Global consumption
|
34.82
|
39.40
|
China capacity
|
19.50
|
21.54
|
China output
|
12.98
|
17.00
|
China consumption
|
13.80
|
16.50
|
Chalco capacity
|
3.97
|
n/a
|
Chalco output
|
3.44
|
3.96
|
Global price
|
n/a
|
$2,000-$2,400/T
|
China price
|
n/a
|
15,500-18,000 yuan/T
|
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
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