Collections of 2017-2018 Aluminum Price Forecasts by Global Major Research Firms -Shanghai Metals Market

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Collections of 2017-2018 Aluminum Price Forecasts by Global Major Research Firms 

Industry News 06:38:30PM Jun 09, 2017 Source:SMM

SHANGHAI, Jun. 9 (SMM) –Macquarie and Harbor Intelligence expressed pessimism over aluminum prices next year, while Goldman Sachs painted a rosy picture. 

Macquarie sees LME aluminum averaging $1,913/tonne in 2017 and $1,806/tonne in 2018. 

Chalco Continues Raising Aluminum Prices in Major Markets on June 9

Harbor Intelligence forecasts an average price of $1,670/tonne in 2018, down from the $1,800/tonne it predicts for 2017, citing an increase in supply surplus. 

Goldman Sachs expects deficit in aluminum market to expand from 235,000 tonnes in 2017 to 373,000 tonnes in 2018 before turning into a surplus of 34,000 tonnes in 2019. Goldman Sachs sees aluminum prices at $1,942/tonne in 2017 and $1,950/tonne in 2018. 

Sino-Foreign Consortium SMB to Ramp Up Bauxite Exports from Guinea

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.
 

Price

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Aluminum Ingot
Oct.21
13960.0
-40.0
(-0.29%)
Aluminum Ingot - Fo Shan
Oct.21
13920.0
-40.0
(-0.29%)
Aluminum Ingot - Wu Xi
Oct.21
13970.0
-30.0
(-0.21%)
Aluminum Ingot - Hang Zhou
Oct.21
13995.0
-45.0
(-0.32%)
Aluminum Ingot - Chong Qing
Oct.21
13950.0
-30.0
(-0.21%)

Collections of 2017-2018 Aluminum Price Forecasts by Global Major Research Firms 

Industry News 06:38:30PM Jun 09, 2017 Source:SMM

SHANGHAI, Jun. 9 (SMM) –Macquarie and Harbor Intelligence expressed pessimism over aluminum prices next year, while Goldman Sachs painted a rosy picture. 

Macquarie sees LME aluminum averaging $1,913/tonne in 2017 and $1,806/tonne in 2018. 

Chalco Continues Raising Aluminum Prices in Major Markets on June 9

Harbor Intelligence forecasts an average price of $1,670/tonne in 2018, down from the $1,800/tonne it predicts for 2017, citing an increase in supply surplus. 

Goldman Sachs expects deficit in aluminum market to expand from 235,000 tonnes in 2017 to 373,000 tonnes in 2018 before turning into a surplus of 34,000 tonnes in 2019. Goldman Sachs sees aluminum prices at $1,942/tonne in 2017 and $1,950/tonne in 2018. 

Sino-Foreign Consortium SMB to Ramp Up Bauxite Exports from Guinea

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.