Home / Metal News / Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand

Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand

iconAug 31, 2017 10:52
Source:SMM
Macquarie raised its forecasts for iron ore and aluminum prices next year, citing demand from China.

SHANGHAI, Aug. 31 (SMM) – Macquarie raised its forecasts for iron ore and aluminum prices next year, citing demand from China.

China to See More Iron Ore Arrive; Shipments from Australia and Brazil to Tumble

Macquarie now sees iron ore and aluminum prices at $54/tonne and $1,938/tonne, respectively, in 2018, 14% and 7% higher than its previous predictions.  

Aluminum Price Rise Cycle Just Begins

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.
 

Macquarie
iron ore prices
aluminum prices

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

SMM Events & Webinars

All