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    Commerzbank: Aluminum prices are expected to have substantial upside potential in 2023

  • China Aluminium Network
  • Post Time: 2022/12/22
  • Click Amount: 1785
    【Aluminum Road Network】

    Foreign news on December 16, Commerzbank said that it is not expected that the global economy and commodity prices will improve significantly until the middle of next year. Copper prices are expected to recover relatively modestly to $9,000 a tonne in 2023. Aluminum prices are expected to have substantial upward potential in 2023, reaching US$2,800 per ton. At the end of next year, it is expected that LME three-month zinc will be at US$3,800 per ton; three-month nickel is expected to rise to US$31,000 per ton. Source:
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