Post by S&P Global

From S&P Global Energy: The World Bank projected aluminum prices to increase by 21.6% this year compared with 2025, with the forecast underpinned by tight supply and inventories, alongside firm demand from emerging industries. The market price, however, has been exceeding that projection for almost two months now. Aluminum could average at $3,200/metric ton, up from last year's $2,632/mt, and then potentially cool to $3,000/mt in 2027, the bank says in its Commodity Markets Outlook report published April 28. Read more: https://okt.to/L0afSO