The world is making more aluminium than it needs. Warehouses are stuffed with it: those registered with the London Metals Exchange hold 4.4m tonnes between them – quadruple the average amount of the past decade and enough to make about 70,000 Boeing 747s. Yet production continues at near record levels. The laws of supply and demand seem to have wandered out for a cigarette.
全球鋁業目前正面臨供過于求的局面。倉庫內堆滿了積壓的鋁:倫敦金屬交易所(LME)注冊倉庫總庫存達440萬噸,為過去10年平均庫存水平的四倍,足以制造約7萬架波音747飛機。而鋁產量仍在接近紀錄的水平徘徊。供求定律似乎已暫時不起作用。
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