War outages to keep aluminium market tight: Key Highlights | TheBriefWire
War outages to keep aluminium market tight
Published 21 June 2026 ยท world
Synopsis Aluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, which are now projected to extend into
Synopsis Aluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, which are now projected to extend into 2027. However, a significant increase in supply from Indonesia and China is anticipated to shift the market into a surplus next year. This outlook leads Goldman Sachs to maintain a bearish stance on the commodity for the medium term, despite near-term price support.
Published: June 21, 2026 โข 9:33 AM IST ยท Updated: June 21, 2026 โข 10:06 AM ISTBy TheBriefWire Editorial Team
Key points
Synopsis Aluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, which are now projected to extend into 2027. However, a significant increase in supply from Indonesia and China is anticipated to shift the market into a surplus next year.
This outlook leads Goldman Sachs to maintain a bearish stance on the commodity for the medium term, despite near-term price support.