Goldman Sachs Raises Q3 Aluminum Forecast to $3,300 Per Ton, Upgrades 2027 Outlook

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According to Goldman Sachs, the bank raised its Q3 aluminum price forecast to $3,300 per ton from $3,200 and upgraded its 2027 outlook to $2,950 per ton from $2,750. The bank forecasts aluminum supply surplus of 720,000 tons in 2026 and 590,000 tons in 2027.
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