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LME Price Approaching Our $... per mton Forecast

1. LME prices are approaching $... per mton, the low end of HARBOR’s forecasted range. Prices failed in February to...

2. Physical demand for aluminum keeps contracting while oversupply conditions grow. The ongoing downward trend in LME prices remains in line with: a)...

3. HARBOR continues to expect LME prices to target the $... per mton zone in 2023; Consensus remains bullish. HARBOR has consistently anticipated a downward trend targeting the $... per mton zone before the end of 2023, forecasting LME Cash prices to average $...