Industry News

Citi Research raises aluminum price forecasts for 2020 & 2021

Update time : 2020-07-23 16:29:40

According to a report released by Citi Research yesterday (July 22), it raised its aluminum price forecasts for this and next year by 5% and 12%, respectively.

Citi Research said that the average price of LME aluminum in 2020 was expected to be US$1,636/ton. The predicted average price of LME aluminum will be increased to US$1,900/ton in 2021 and US$2,000/ton in 2022.

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