The Aluminium Market Analysis, Financials and Forecasting 2015-2025Visiongain - January 29, 2015 - 230 Pages - SKU: VSG5470739 |
The economic crisis of 2008 caused a sharp decline in the demand for aluminium worldwide. As a result of the lower demand, the market became oversupplied, which pushed the prices down. Excessive warehousing of aluminium is a result of this oversupply, with an estimated 5.5 million tonnes currently stored only in London Metal Exchange (LME).
Previous years have seen continuous volatility in aluminium market prices, with prices declining by 19% in December 2008 and further 11.7% down in May 2010. However, as a result of the current tight aluminium supply, aluminium premiums ... read the full abstract
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