Global aluminum market supply surplus of 314,000 tons from January to June

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According to London August 18 news: World Bureau of Metal Statistics (WBMS) said on Wednesday that the global aluminum market supply surplus of 314,000 tons in the first six months of this year.

In the same period last year, there was an oversupply of 755,000 tons, and in 2009 there was a surplus of 781,000 tons.

WBMS said that in the first six months of this year, the demand for primary aluminum totaled 1.97 million tons, an increase of about 3.49 million tons compared with the same period last year.

Overall, global aluminum production increased by 18% year-on-year in the first six months of this year. WBMS expects China's total output in the first six months to be 8.32 million tons, accounting for 41% of global production.

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