Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Goldman Sachs: Supply Side Reform to Lift Aluminum Prices

Goldman Sachs: Supply Side Reform to Lift Aluminum Prices

May 2, 2017 16:35

Source:SMM

Aluminum prices look set to rise as China will carry out supply side reform in months ahead, Goldman Sachs predicts.

SHANGHAI, May 2 (SMM) – Aluminum prices look set to rise as China will carry out supply side reform in months ahead, Goldman Sachs predicts.

The bank sees aluminum prices rising to $2,000/tonne over the next 6 months and up to $2,100/tonne in the coming 12 months.

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.

Goldman Sachs

aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Goldman Sachs Says the Reduction in Global Copper Inventories Will Trigger A Supply Shock

SHANGHAI, Apr 7 (SMM) - Goldman Sachs predicts that copper is unwittingly heading for inventory depletion, and while price action remains modest, fundamentals are tightening.

time

Apr 7, 2022 16:29

Goldman Sachs Says the Reduction in Global Copper Inventories Will Trigger A Supply Shock

Goldman Sachs Ups Likelihood of a Third Fed Rate Hike This Year

Goldman Sachs raised the likelihood of additional interest rate hike by the Fed this year from 55% to 60%.

time

Sep 18, 2017 11:31

Industry Reminder

Goldman Sachs Ups Likelihood of a Third Fed Rate Hike This Year

Goldman Sachs Leaves Gold Price Forecast Untouched by Year-end unless North Korea Tensions Intensify

Goldman Sachs leaves its forecast for gold price by the end of the year unchanged at $1,250 per ounce unless tensions in North Korea intensify, it said in a report.

time

Sep 6, 2017 10:45

Industry Reminder

Goldman Sachs Leaves Gold Price Forecast Untouched by Year-end unless North Korea Tensions Intensify

Goldman Sachs Ups Iron Ore Price Forecast for 2017

Goldman Sachs hiked its forecast for iron ore prices from $67 to $71 per tonne for 2017.

time

Aug 15, 2017 16:26

Goldman Sachs Ups Iron Ore Price Forecast for 2017

LME Aluminum to Struggle around Moving Averages (2017-8-2)

LME aluminum should continue struggling around moving averages and range USD 1,903-1,917/mt today.

time

Aug 2, 2017 09:34

LME Aluminum to Struggle around Moving Averages (2017-8-2)

SHFE 1709 Aluminum Rises Sharply (2017-7-31)

SHFE 1709 aluminum rose sharply on Monday as lots of positive news attracted longs to raise bullish bets.

time

Jul 31, 2017 19:09

SHFE 1709 Aluminum Rises Sharply (2017-7-31)

SMM Sees Aluminum as Worst Performer among Base Metals

Aluminum will underperform other base metals this week, given the lack of further production cuts and poor market fundamentals, SMM predicts.

time

Jul 31, 2017 11:31

SMM Insight Industry

SMM Sees Aluminum as Worst Performer among Base Metals

China 10 Nonferrous Metals Output Rises 7.2% in H1 2017

China’s output of ten nonferrous metals increased 7.2% year-on-year to 27.60 million tonnes in the first half of 2017, with growth up 7.1 percentage points year-on-year, according to National Developm

time

Jul 31, 2017 11:21

China 10 Nonferrous Metals Output Rises 7.2% in H1 2017

LME Aluminum to Fall Back from Highs (2017-7-28)

LME aluminum will fall back to USD 1,930-1,950/mt today deu to strong resistance at above USD 1,950/mt.

time

Jul 28, 2017 09:42

LME Aluminum to Fall Back from Highs (2017-7-28)

LME Aluminum to Rise (2017-7-27)

The US dollar index fell to its lowest since July at 93.349 following the US Fed’s decision not to hike rate.

time

Jul 27, 2017 09:46

LME Aluminum to Rise (2017-7-27)

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

2.Aluminum Wire Supplier Screening

3.Cost Analysis Of AL Extrusion For Target Units

4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

5.Optimization Of Purchasing Cost For Casting Alloys

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.