Goldman Sachs Cuts Aluminium Price Forecast Amid Downgraded Global Growth Outlook

Published: Apr 16, 2025 14:27

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According to Reuters on April 14th - Goldman Sachs on Monday reduced its forecast for aluminium prices this year after its economists downgraded global growth forecasts including for the U.S. and China following the Trump administration's move to sharply increase tariffs.

"We now expect the aluminium price to fall to a monthly average low of $2,000 (per metric ton) in Q3 2025," the bank said in a note.

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