As the world’s majority producer and consumer of aluminum, China will always have an impact on the metal’s prices, but given the economic distress experienced by China in recent months, all eyes are on aluminum and the Far East in 2016.
We’ve identified the main price drivers for aluminum next year as:
- China GDP & PMI Data
- China export volumes
- The dollar-to-euro exchange rate
- Oil prices
For a long-term industrial buying strategy for aluminum, complete with specific support and resistance levels, download your complimentary copy of our 2016 Annual Metals Outlook report!
This report also includes commodities markets and industrial metals market analysis, in addition to key price drivers and commentary on copper, nickel, lead, zinc, tin and various forms of steel, in addition to aluminum.