Market news
25.03.2021, 07:42

Aluminium: Chinese tailwinds to morph into headwinds – TDS

FXStreet reports that Daniel Ghali, Commodity Strategist at TD Securities notes that decarbonization may kill aluminium supply.

“Our gauge of supply risk is showing nascent signs of waning, and provincial sales of strategic reserves could dent this premium.” 

“Reports of emissions cuts have boosted sentiment, but Inner Mongolia's capacity is contained in cities that have not contributed to overconsumption.” 

“Positioning has surged, with top SHFE accounts growing length across metals. This ties into reflation, inflation-hedging, and the supercycle narrative but does not reflect facts on the ground.” 

“Chinese deleveraging could see tailwinds morph into headwinds, ultimately catalyzing a reversal in length.”

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location