According to the report, the total supply of aluminum in the world was higher than demand with around 685,000 tons in 2019, increased by 5.8 times year on year.

In 2019, the total demand for primary aluminum was around 62 million tons, dropped by 1.6% year on year, and the supply of primary aluminum also faced a decline with around 0.7% year on year, came to around 66 million tons.

Among them, the production of primary aluminum in China was around 35 million tons, counted as 56% of the total, also dropped by 0.8% year on year.