Aluminum price continues upward trend for next 6-12 months
According to Goldman Sachs said that aluminum prices will maintain a strong trend for next 6-12 months; for 6-month target price will be at US$2,000/ton; 12-month target price will be at US$2,100ton, respectively.
Goldman Sachs said in the report on April 7th of this year, China and the United States proposed to solve trade disputes during the meeting, and the development of global political situation could also affect the process of cutting capacity.
Obviously, aluminum will be the next goal of China's supply-side reform according to Goldman Sachs said.
