JPMorgan Chase, one of the world’s largest financial-services firms. Aluminum prices are forecast to rise to US$2,850 per ton in the second half of 2025. Nickel prices are forecast to fluctuate at around US$16,000 per tonne in 2025.
Financial Union agency on November 26, JPMorgan said aluminum’s medium-term fundamentals remain bullish. V-shaped recovery is expected later in 2025. Reflecting the market’s optimistic expectations for demand growth.
The global economic recovery and the rise of emerging markets will continue to drive metal demand and support prices.
Post time: Nov-29-2024