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Home / Metal News / Goldman Sachs Sees Soaring Aluminum Prices in 2024-2025 as Inventory Approaches Alarmingly Low Levels

Goldman Sachs Sees Soaring Aluminum Prices in 2024-2025 as Inventory Approaches Alarmingly Low Levels

Apr 6, 2023 14:05

Source:文华财经

Goldman Sachs expects that aluminum prices will rise as inventory levels approach very low levels in the second half of 2023 and 2024.

Goldman Sachs expects that aluminum prices will rise as inventory levels approach very low levels in the second half of 2023 and 2024.

It added that the aluminum market has now turned into a deficit.

Goldman Sachs predicts that LME aluminum prices will average $4,500/mt in 2024 and $5,000/mt in 2025.

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