BASE METALS

'Aluminium prices to remain under pressure'

While demand for primary aluminium was still expected to grow this year, rising production out of China, which is leaking onto the global scene, would likely push the market into a heavy surplus in 2015, one bank has predicted.

Estimates of how big this surplus will be have been shifting throughout the year. Back in April, Alcoa said it was expecting the market to be oversupplied by 326,000t this year, compared with its January...

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