France Societe Generale Predicts Aluminum Surplus 750 thousand ton in 2008

News said that metal market is instable recently; France Societe Generale predicts that aluminum surplus 750 thousand in 2008. SG said aluminum inventory growing faster than before from 2007, and there also unreported stock. It is predict aluminum excess will be 300 thousand ton in 2008. 2007 output is 38.25m ton, 41.3m in 2008 and will reach 44.15m ton in 2009. At the same time, aluminum consume in 2007 is 37.5m ton and will be 41m ton in 20078 and reach to 44.15 ton in 2009.