War outages to keep aluminium market tight
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.
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