HARBOR’s Price Forecast Reached, More Declines Seen Ahead
September 18, 2022
1. LME prices has plummeted to our long-time forecasted target zone of $... per mton. Earlier this month, LME prices confirmed a break below $...
2. Next price target is $... per mton but cycle’s bottom could be closer to $1,700 per mton in 2023. From a technical standpoint, the ongoing...
3. HARBOR’s LME price base forecast has remained the most bearish of all. Consensus catching up and downgrading considerably. For 2023, we expect LME Cash aluminum prices to...