LME Price to Fall Further in 2024
December 13, 2023
Executive Summary
1. As anticipated by HARBOR over a year ago, LME aluminum prices have plunged and virtually reached the $... per mton mark. LME Cash aluminum prices closed on...
2. Speculative bets are the most bearish on aluminum in four years...
3. HARBOR continues to see LME prices falling below $... per mton in 2024. A medium-term technical downward trend remains...
4. We continue to expect LME Cash aluminum prices to average around $... per mton in 2024, while the Consensus forecast for 2024 remains...