Commodities Buzz: Global Primary Aluminium Stocks In Major Exchanges Rise Around 19% In Q1 2018

The global market for primary Aluminium for January to March this year saw a deficit of 141 kt, following a deficit of 1130 kilo tons recorded for the whole of 2017, according to World Bureau of Metal Statistics. Demand for primary aluminium for January to March 2018 was 14.9 million tonnes 343 kt less than in the same quarter of 2017. Production in January to March 2018 fell by 10 kt compared with the same period in 2017. Total stocks held in the four exchanges in London, Shanghai, USA and Tokyo were 2312 kt at the end of March 2018 – recording a rise of 373 kt or 19.23% compared to the December 2017 total.