Mobile-Menu

Powered by

Global Commodity Prices Rise Again

Development of aluminium prices: In November 2017, prices for primary aluminium benefited from stable physical demand due to the increased use of aluminium in many important industries. Possible production disruptions in the Gulf region are a cause for concern. The build-up of capacity for recycled aluminium in Europe is stabilizing the regional market supply, although inventory reductions at LME are continuing. Investment demand exploded: the number of trading contracts more than doubled in November. By the end of the first quarter of 2018, experts expect the price for primary aluminium to reach a level of $ 2,050 per ton within a range of $ 200 per ton. In the second half of 2018, the level of $ 2,150 per ton could then be well exceeded. Recycled aluminium is likely to be around $ 200 per ton cheaper. arrow back arrow forward Image Zoom
Development of aluminium prices: In November 2017, prices for primary aluminium benefited from stable physical demand due to the increased use of aluminium in many important industries. Possible production disruptions in the Gulf region are a cause for concern. The build-up of capacity for recycled aluminium in Europe is stabilizing the regional market supply, although inventory reductions at LME are continuing. Investment demand exploded: the number of trading contracts more than doubled in November. By the end of the first quarter of 2018, experts expect the price for primary aluminium to reach a level of $ 2,050 per ton within a range of $ 200 per ton. In the second half of 2018, the level of $ 2,150 per ton could then be well exceeded. Recycled aluminium is likely to be around $ 200 per ton cheaper. (Picture: see picture)
5/12
Back to the Article