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Is expected to be 106000 tons of aluminum market supply shortage in 2016

Time:2013-9-7 17:22:34 Source: Author: Click:5657

Chinalco's net news: according to the report released on Thursday, an economist with HSBC, predicts 2016, the aluminum market oversupply quantity of material by the shortage of an excess of 108000 tons to 108000 tons this year.

Commodity prices are expected to decline, but still will be higher than the 90 s and 1980 s level.

China and India is not as large impact on commodity prices, unless its become a net importer.

HSBC analyst said in the report: \"the level of urbanization in India is still low, only 32%, 52% for China. Low consumption reflects the low level of urbanization, also showed the country's infrastructure investment co., LTD.\"

If India according to China's development way of development, the country will be in the next five to 10 years to become a net importer.

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