According to China's National Bureau of Statistics released on Friday, China's primary aluminium output increased in November despite a falling price on the Shanghai Futures Exchange, leaving some market participants doubtful.
After dropping three consecutive months, China's monthly aluminium output reached 2.82 million tonnes in November, which marked a 3.9% increase from 2.715 million in October and a 19.2% increase from the same period last year, NBS data showed. NBS data also showed total aluminium production from January to November hit 31.45 million tonnes, up 7.5% from November 2017. While data from the bureau rose, figures from industry analysts and traders did not agree with the calculation, who said the summary from the bureau was imprecise because it...