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Citi Sees Aluminium Prices Averaging $1,900/T Next Year

3 Aug 2020 7:56 am
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Mumbai (Commodities Control) CITI:

Says Aluminium Cash Prices Should Stay Around $1,680/t in Q3’20 And $1,700/t in Q4’20, Before Making Much More Robust Rise To $1,900/t In 2021 And $2,000/t In 2022
Says Global Aluminium Market To Transition From A 2.5 Mt Surplus In 2020 To A 1.7 Mt Deficit By 2023
Says "Global Aluminium Demand Growth Should Average About 2.4% p.a. From 2020 To 2023, With Growth Coming Evenly From China And Ex-china".

(Commodities Control Bureau)

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