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

Company News 10:09AM Nov 24, 2017 Source:SMM

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.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  aluminium   copper   nickel   JPMorgan 

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

Company News 10:09AM Nov 24, 2017 Source:SMM

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.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  aluminium   copper   nickel   JPMorgan