Goldman Sachs Raises Aluminum Price Forecast Due to Increased Supply Disruptions
NextFin News -- Goldman Sachs has raised its forecasts for aluminum prices on the London Metal Exchange (LME) due to a rise in supply disruptions.
The investment bank has increased its second-quarter 2026 LME aluminum price forecast from $3,200 per ton to $3,450 per ton. It has also raised its average price forecast for the entire year of 2026 from $3,100 per ton to $3,200 per ton, noting that there are upward risks. Additionally, the average price forecast for 2027 has been increased from $2,700 per ton to $2,750 per ton.
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