ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China's production cuts add luster to aluminum prices

Trump's broken pledge on infrastructure spending pushes copper, zinc down

Many aluminum smelters in China have excessive capacity.

TOKYO -- Aluminum prices are rising over concern of a supply shortage as China, the world's largest producer of the metal, continues to trim excess capacity. 

As of the end of April, the benchmark three-month aluminum futures on the London Metal Exchange were around $1,930 per ton, up about 15% from the start of the year. Meanwhile, copper futures fell 9% from their recent highs in mid-February to around $5,600. Zinc futures were down 15% to around $2,500.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more