BMI Revises 2024 Annual Average Aluminum Price Forecast Upwards to $2,450/Tonne

Published: Nov 9, 2024 17:22

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BMI has revised upwards its forecast for the annual average aluminum price in 2024 to $2,450 per tonne. In its latest report, BMI, a research arm of Fitch Solutions, notes that the annual average aluminum price is expected to increase by 2% amid supply concerns, stimulus measures in China, and expectations of potential interest rate cuts by the Federal Reserve.

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