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WBMS: Global aluminum market in short supply of 262,000 tons in Jan-Aug

23 Oct 2019 13:46 reported by Joy Liu

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According to the report released by the World Bureau of Metal Statistics (WBMS), the global aluminum market was in a short supply of 26,200 tons from January to August, compared to 631,000 tons in whole year 2018.

During the same period, global primary aluminum demand had a year-on-year decrease of 1.5% to 41.6 million tons roughly, and the production of primary aluminum fell by 0.8% or around 320,000 tons year on year.

In August, global primary aluminum production and consumption was around 5.317 million tons and 5.325 million tons respectively.