Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
Citi said on Monday that the recent consumption suggested that global supply of copper and aluminium turned to surplus in April and that it could take some time for the supply and demand to tighten again. Citi expects LME copper futures to fall to $8,500/mt, aluminium futures to $2,700/mt, nickel futures to $25,000/mt and zinc futures to $3,300/mt within three months. Citi said: "We are most bearish on nickel, followed by copper and finally aluminium and zinc.”
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn