Aluminum price may fell this year From World Aluminium Market

CRU said in Shanghai forum aluminum price will fell in 2008, owe to the strong demand of countries leading by China. LME three month aluminum price has fell 11% to 23614/metric ton on average.

However, electricity and raw material cost growing is limit this fell.

Aluminum supply will increase to 42.m metric ton including package and airplane parts industry, surplus 1.4 thousand metric ton.

This organization also said that most of the new supply is coming from China.