NALCO: Gap between aluminum supply and demand to increase in 2022
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Update time : 2022-01-06 21:55:54
Sridhar Patra, Chairman and Managing Director of National Aluminium Company (NALCO), said that the gap between supply and demand in the aluminum market was expected to widen in 2022, which might cause aluminum prices to remain high at around US$2,600-2,700/ton.
Aluminum prices fluctuated strongly last year, totally rising by 42% in the year even it had dropped by 12% from the peak.
Entering the Chinese New Year holiday, market trading is sluggish
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