Goldman Sachs Raises Aluminum Price Forecast Due to Increased Supply Disruptions

Summarized by NextFin AI

Goldman Sachs has raised its aluminum price forecasts for the London Metal Exchange due to increased supply disruptions.
The bank increased its second-quarter 2026 forecast from $3,200 to $3,450 per ton, indicating a significant upward revision.
Additionally, the average price forecast for 2026 has been raised from $3,100 to $3,200 per ton, with noted upward risks.
The forecast for 2027 has also been adjusted, increasing from $2,700 to $2,750 per ton.

NextFin News -- Goldman Sachs has raised its forecasts for aluminum prices on the London Metal Exchange (LME) due to a rise in supply disruptions.

The investment bank has increased its second-quarter 2026 LME aluminum price forecast from $3,200 per ton to $3,450 per ton. It has also raised its average price forecast for the entire year of 2026 from $3,100 per ton to $3,200 per ton, noting that there are upward risks. Additionally, the average price forecast for 2027 has been increased from $2,700 per ton to $2,750 per ton.

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Insights

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What are the potential risks associated with Goldman Sachs' aluminum price predictions?

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