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JPMorgan: Aluminium to Hold for Long-term, Copper & Nickel Price to Drop in 2018

iconNov 24, 2017 10:09
Source:SMM
As per research report released by JPMorgan, commodity market may move more terrible in 2018.

SHANGHAI, Nov.24 (SMM)-As per research report released by JPMorgan, commodity market may move more terrible in 2018. JPMorgan recommends long-term investment to Aluminium. It estimates copper and nickel supply will increase in 2018, which leading drop in price. The bank estimates average copper price in Q4 will reach $5,400, currently $6,900.


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