UBS Raises Aluminum Price Forecast on More-than-Expected Closure in China

게시됨: Aug 16, 2017 15:02
UBS raised its forecast for aluminum prices in Q4 2017 and Q1 2018.

SHANGHAI, Aug. 16 (SMM) – UBS raised its forecast for aluminum prices in Q4 2017 and Q1 2018.

Aluminum Bulls Watch Out: Crazy Speculations Mask Poor Market Fundamentals, SMM Warns
The ban now sees aluminum prices at¢95/lb or $2,094/tonne in Q4 2017 and Q1 2018, up from its previous forecast of ¢87/lb.

Where Will Aluminum Prices Head after Hitting Multi-Year Highs? SMM Reports
Shandong announced to close 3.2 million tonnes of illegal aluminum capacity, higher than expectations of the bank and the market. 

Aluminum supply might tighten in late 2017. But, aluminum prices may perform far less well than coal prices seen in 2016-2017.  

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn