Prices in China will continue to be under pressure due to the weak demand for aluminium, according to credit rating agency ICRA. The agency has projected that the demand for aluminium will grow by about 9% until the next fiscal year. This growth is attributed to increasing applications of aluminium in sectors like construction, automobiles, and packaging. However, despite this projected growth, the prices are expected to remain suppressed due to the ongoing trade tensions and excess capacity in China’s aluminium industry. As the world’s largest producer and consumer of aluminium, China’s weak demand has significant implications for global aluminium markets. This has led to concerns among aluminium producers and investors regarding profitability and sustainability in the industry. Many companies have been forced to cut production and idle capacity to mitigate the impact of low prices and oversupply. Additionally, weaker demand from China has also contributed to a decline in global aluminium prices. The situation further worsened with the outbreak of the COVID-19 pandemic, which adversely affected industrial production and demand for aluminium. Albeit the gradual recovery in global demand, the market remains cautious about the potential oversupply and the lingering trade tensions. Producers are closely monitoring the developments in China’s demand and supply dynamics as it plays a crucial role in determining market conditions and prices for aluminium. The industry participants are hopeful that the demand growth in other regions and sectors will help absorb the excess capacity and bring stability to the global aluminium market in the near future.