Accordingly, we forecast that global aluminium demand will rise by around 2% in 2020, following a decline of 0.5% in 2019. The 2019-2024 World Outlook for Aluminum and Aluminum-Base Alloy Powders, Paste, and Flakes from Purchased Aluminum | International, Icon Group | ISBN: | Kostenloser Versand für alle Bücher mit Versand und Verkauf duch Amazon. Aluminum Premiums Outlook Update (December 21, 2020) December 21, 2020 US PFA ALERT. Strong US auto production and tightening supply bode well for US PFA demand and spot premiums ahead (From December 17). This helps in enhancing the aesthetics of the packaging and retain the original taste of the packaged food. Your trusted source for investing success. We supply daily aluminum market and price intelligence reports and longer-term forecasts to keep you ahead of the competition. Wood Mackenzie forecasts an average annual London Metal Exchange (LME) aluminum price of US$1,752 per tonne next year. He admitted that his forecast for aluminium consumption growth of under 2% is not very encouraging, “But it is better than the 0.5% or less we saw in 2019.” Indonesia’s Asahan Aluminium (Inalum) also plans to ramp up production; Global Market Overview - Regional Breakup . APAC was the largest aluminum market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Joe Deaux. The growth of the overall transportation industry is, thus, expected to drive the demand for aluminum during the forecast period. The marine industry uses aluminum-magnesium alloys in shipbuilding as they are corrosion-resistant to both freshwater and seawater. Register for a free trial today and gain instant access to 17,000+ market research reports. Aluminium Nitride (AlN) Market Outlook 2020-2025. For Shikvar, one of the key factors to watch for in 2020 is a potential resurgence in stock financing. Press release - Market Insights Reports - High Strength Aluminum Alloy Market Precise Outlook 2020- Alcoa, Inc., Hindalco Aluminum Limited, UC Rusal, Norsk Hydro ASA - … Bauxit … China, India, and Japan are the key markets for aluminum in APAC. Website: www.technavio.com/, The Aluminum Market will grow by 13.66 mn tons during 2020-2024, Market share assessments for the regional and country-level segments, Strategic recommendations for the new entrants, Covers market data for 2019, 2020, till 2024, Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations), Strategic recommendations in key business segments based on the market estimations, Competitive landscaping mapping the key common trends, Company profiling with detailed strategies, financials, and recent developments, Supply chain trends mapping the latest technological advancements, CAGR of the market during the forecast period 2020-2024, Detailed information on factors that will assist in aluminum market growth during the next five years, Estimation of the aluminum market size and its contribution to the parent market, Predictions on upcoming trends and changes in consumer behavior, Analysis of the market’s competitive landscape and detailed information on vendors, Comprehensive details of factors that will challenge the growth of aluminum market, vendors, Transportation - Market size and forecast 2019-2024 (million tons), Construction - Market size and forecast 2019-2024 (million tons), Packaging - Market size and forecast 2019-2024 (million tons), Electrical engineering - Market size and forecast 2019-2024 (million tons), Others - Market size and forecast 2019-2024 (million tons), Comparison by production process by volume, Primary aluminum - Market size and forecast 2019-2024 (million tons), Secondary aluminum - Market size and forecast 2019-2024 (million tons), Market opportunity by production process by volume, APAC - Market size and forecast 2019-2024, Europe - Market size and forecast 2019-2024, North America - Market size and forecast 2019-2024, South America - Market size and forecast 2019-2024. The sole adjustment to our supply outlook is stronger Chinese growth as smelters capitalise on strong margins and improved domestic demand. Click here to read the latest aluminum outlook. The lightweight and recyclable properties of aluminum cans make it a popular choice in the beverage industry for packaging sodas, energy drinks, beers, and sparkling water. LONDON--(BUSINESS WIRE)--The global aluminum market size is expected to grow by 13.66 million tons during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. Wood Mackenzie forecasts more than 1 million tonnes of new aluminum smelter capacity to be added in 2020, with an estimated demand increase of only a third of that figure. For full details go to https://investingnews.com/accredited-investor-definition/ or search for "accredited investor" in the search bar above. (From December 15). We've developed a suite of premium Outlook features for people with advanced email and calendar needs. Market Outlook and Aluminum Forecast Reports Offered. Historically, Aluminum reached an all time high of 3271.25 in July of 2008. LME Aluminium Contract specifications Every metal traded on the LME must conform to strict specifications regarding quality, lot size and shape. Aluminum Market: Global Demand, Growth Analysis & Opportunity Outlook 2020-2024 | Technavio Business Wire LONDON -- November 24, 2020 The global aluminum … As a result, voluntary production cuts could soften Wood Mackenzie’s surplus ou… Buy 1 Technavio report and get the second for 50% off. While greenfield capacity commissioning and restarts will likely stay on target, high-cost smelters may buckle under the strain of low London Metal Exchange (LME) aluminum prices. “That said, an upturn in global supply — including the removal of an operational embargo on Alunorte in Brazil, the planned construction of a ‘green aluminum’ industrial park in Yunnan and the restart of Xinfa capacity in China — will restrain price increases,” states the firm in its report. Aluminium futures ease on low demand | News 28 Dec, 2020, 03.07 PM Aluminium for delivery in January contracts eased by 55 paise, or 0.34 per cent, to Rs 163.30 per kg in a business turnover of 764 lots. For the expert, one of the biggest news items in the space this past year was the unanticipated smelter disruptions in China, as participants speculated on how much capacity was affected. EUROPEAN P1020 ALERT. Die Preisangaben beziehen sich auf den Handelsplatz London Metal Exchange (LME) für Aluminium mit mindestens 99,7 Prozent Reinheit. Read on to find out experts’ thoughts about the market next year in this overview. “We still forecast a global metal deficit for 2019 to the tune of 900,000 tonnes, but China and ex-China market trends have now reversed,” Shivkar added. According to Shikvar, one of the key events to watch out for is Rio Tinto’s (ASX:RIO,LSE:RIO,NYSE:RIO) review of the 350,000 tonne per year Tiwai Point smelter in Q1 2020. This will be followed by growth of 2.9% in 2021 and 2.4% in 2022 (1.4% and 2.5% previously). Start Here! “We also expect high-cost smelters in Africa and Europe to curtail output.”. For Q4 2021, prices are seen averaging US$1,836. November 24, 2020 01:00 AM Eastern Standard Time LONDON-- (BUSINESS WIRE)--The global aluminum market size is expected to grow by 13.66 million tons during 2020-2024, progressing at a … We supply daily aluminum market and price intelligence reports and longer-term forecasts to keep you ahead of the competition. Expand your Outlook. Aluminum is used in vehicle parts such as wheels, bumpers, engine cylinder blocks, and the main body that includes the hood, doors, and frame. China demand growth looks better – following a supply led V-shaped recovery. Alcoa Cuts Supply and Pulls Outlook for Reeling Aluminum Market By . “Higher scrap availability also constrained primary aluminum demand.”. Global Aluminum Market: Geographic Landscape. US PFA ALERT. As political tensions escalated during the year, aluminum demand was hurt more than expected, with demand slowing down in China, the largest producer and consumer of the metal. We have limited the number of investor kits you can request to 20. Technavio Research Historically, Aluminum reached an all time high of 3271.25 in July of 2008. Show Date: Show Times: Mon 07 Sep 2020: 08:00 - 17:00: Tue 08 Sep 2020: 08:00 - 17:00: Add the entire show to your Outlook Register today to attend the World Aluminium Conference 2020 Register. Technavio is a leading global technology research and advisory company. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports. We have left our global aluminium production growth outlook for 2020 unchanged at 1.9% year on year. SHANGHAI, Nov 29 (SMM) – With 2019 drawing to a close, SMM presents a series of webinars on the non-ferrous metals market forecast in 2020. TRADING ECONOMICS provides forecasts for Commodity prices based on its analysts expectations and proprietary global macro models. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. By selecting company or companies above, you are giving consent to receive communication from those companies using the contact information you provide. To get extensive research insights: Click and Get FREE Sample Report in Minutes! expertise lies in market forecast, product strategy, new mobility technologies, and aftermarket parts and service solutions with almost 20 years experience in the automotive industry. 0. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Source: SMM. “Intensifying concerns about demand in China, coupled with slowing factory production in other major industrial nations and a downturn in the global automotive sector, put firm downward pressure on global aluminum prices,” FocusEconomics analysts said in their October report. Click & get FREE sample Report in MINUTES. With the continued uncertainty surrounding the US-China trade war, demand took a much bigger hit than Wood Mackenzie had expected at the end of last year. Aluminum price is expected to decrease to $1,760 per metric tonne in 2020 from an average of $1,790/mt in 2019 and rebound to $1,800/mt in 2021 as projected by the World Bank. The aerospace, automotive, rail transportation, and marine industries, all use aluminum extensively. IMARC’s latest study “Aluminium Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” provides a detailed insight into the global aluminium powder market. SMM presents a series of webinars on the non-ferrous metals market forecast in 2020. Show Date: Show Times: Mon 07 Sep 2020: 08:00 - 17:00: Tue 08 Sep 2020: 08:00 - 17:00: Add the entire show to your Outlook Register today to attend the World Aluminium Conference 2020 Register. And remember you can unsubscribe at any time. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. To add World Aluminium Conference 2020 to your calendar, please select the date(s) below that you would like to attend. Aluminum Market: Global Demand, Growth Analysis & Opportunity Outlook 2020-2024 | Technavio Business Wire LONDON -- November 24, 2020 The global aluminum … The use of aluminum cans in the beverage sector is one of the major factors propelling market growth. Industry Outlook Neu ... Aluminium tritt ausschließlich in gebundener Form auf, am häufigsten in Form von Alumosilicaten, die Bestandteil von Ton, Gneis und Granit sind. Aluminum increased 47.25 USD/Tonne or 2.39% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Market growth in this region will be faster than the growth of the market in other regions. The current forecasts were last revised on January 5 of 2021. FocusEconomics panelists see prices averaging US$1,795 in the last quarter of 2020. A market outlook and aluminum price subscription from HARBOR Aluminum meets this need. April 22, 2020, 4:24 PM EDT Updated on April 23, 2020, 7:27 AM EDT Alcoa Cuts Supply and Pulls Outlook … Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. SMM Webinar Series- Aluminium market forecast in 2020. CRU’s office locations CRU's reputation with customers across mining, metals and fertilizers is for integrity, reliability, independence and authority. With the increasing demand for these cans in the beverage industry, the demand for aluminum is also bound to grow. ... December 30, 2020. London, Sao Paulo, New York, Shanghai, Singapore Dec 29, 2020 @ 20:14 Q1 2021 MJP aluminium premium settles at $130/t - up nearly 48% from Q4 '20 London, Singapore Dec 29, 2020 @ 17:26 To two-year highs, which has been a very welcome thing with a lot of the tariffs that went into place. “Alcoa has also announced a multi-year capacity review and potential asset sales,” Shikvar said. “One could argue that it’s not that the ex-China producers are adding too much capacity, but simply that the demand outlook has deteriorated too much, too quickly to give producers a chance to assess their expansion plans,” Shikvar said. Aluminum outlook 2020: Global growth a key risk As 2019 comes to a close, investors might be wondering what’s next for the aluminum outlook. Global aluminium long-term outlook Q1 2020. Your details. Historische Kurse, Charts und Einheitenumrechnungen von Industriemetalle in Währungen und Einheiten. 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