aluminium

Caustic soda inventories rise as aluminium cutbacks begin

An accident waiting to happen is perhaps the best way to describe aluminium markets – the key swing outlet for caustic soda.  Caustic soda is normally a late cycle product, with sales then focused on the mining industry.  Industry leader Alcoa’s results confirm the disappointing trend.  It lost money in Q1, whilst revenue fell 8% due to a decline […]

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Aluminium shortage “temporary and artificial” says world’s largest buyer

When was the last time you told your customers that they would have to wait 570 days for delivery of material for which they have already paid? You’ve never done this?  Well, you need to take lessons from those super-smart people who own the aluminium warehouses, such as Goldman Sachs (pictured above by Reuters).  As the blog […]

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Aluminium stocks enough to build nearly 2 years’ supply of cars

We all know that strange things have been happening in global commodity markets in the past 5 years.  Central banks have been pumping out free cash, which has been used to fund speculative trading by many of the major investment banks.  In turn this has taken many prices to new records.  And this was all happening when […]

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