Home > News > China

Standard Bank cut aluminum price forecast to 2133$ in 2013

Wednesday, Jan 30, 2013
点击:

According to Dow Jones, Standard Bank cut aluminum rice forecast from 2225$ to 2013$ in 2013 to show its cautious attitude to the fundamentals of aluminum industry, and it also trimmed the demand growth forecasts.


Standard Bank claimed:”Globle aluminum industry may witness the excess supply in 2013, and the surplus quantity depends on the demand and the condition of economic resurgence .”


Standard Bank predict the aluminum demand growth is 6.8% in 2013, inferior to the former data of 7.3%.


Standard Bank also claimed, because of the present financing agreement caged a quantity of metals effectively, backwardation remains in high-order position.

Recommended exhibitions

16TH ARAB INTERNATIONAL ALUMINIUM CONFERENCE
  ARABAL, which is being organized and hosted by Qatalum, is the premier trade event for the Middle East's aluminium i......
Aluminium 2012
  ALUMINIUM is the leading B2B platform in the world for the aluminium industry and its main applications. This is whe......
The 4th edition of Zak Aluminum Extrusions Expo
 Date

  14th - 16th December 2012

  Venue

  Pragati Maidan,

  New Delhi,India.

  Exhibition Timings

 ......
ALUMINIUM DUBAI 2011
Name:ALUMINIUM DUBAI 2011
Time:2011-5-9 to 2011-5-11
Place:Dubai International Convention & Exhibition Centre, Dubai, UAE......