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date:18/09/2023
location:Perth
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Aluminium and nickel are expected to be in surplus for the next two to three years as capacity additions keep supply running ahead of demand, while a drawdown of inventories over the past decade could tighten the balance for zinc, analysts said at the LME Asia Metals Seminar in Hong Kong on Tuesday.
Zinc-ingots.jpg
After running a supply deficit for the past two years, the global aluminium market will flip to a marginal supply surplus this year and into 2024-2025 as expanding output looks set to outrun demand
LME Week shows mood surprisingly upbeat
Nickel's next crisis, oversupply
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