ALUMINIUM UBC

 

https://news.metal.com/newscontent/100751798/ubs-raises-aluminum-price-forecast-on-more-than-expected-closure-in-china

Aluminum Bulls Watch Out: Crazy Speculations Mask Poor Market Fundamentals, SMM Warns
The ban now sees aluminum prices at¢95/lb or $2,094/tonne in Q4 2017 and Q1 2018, up from its previous forecast of ¢87/lb.

Where Will Aluminum Prices Head after Hitting Multi-Year Highs? SMM Reports
Shandong announced to close 3.2 million tonnes of illegal aluminum capacity, higher than expectations of the bank and the market.