【SMM Aluminum Flash News】Deutsche Bank: Aluminum prices are expected to reach a year-to-date high of $3,100 per ton in the second quarter.

Published: Jan 28, 2026 11:20

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Deutsche Bank predicts that copper prices will climb to a peak of $13,000 per tonne in the second quarter, mainly driven by tightening supply and demand. However, prices may see a correction as production at major mines gradually recovers in the second half of the year. Aluminum prices are expected to reach a high of $3,100 per tonne in the second quarter, followed by a gradual decline from the second half of the year, with the average price for the whole of 2026 projected to be around $2,925 per tonne.

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