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Aluminium Price Forecasts

Energy & Metals Consensus Forecasts is the result of a comprehensive quarterly survey of over 30 of the world’s most prominent commodity forecasters covering over 25 individual commodity price forecasts including aluminium and alumina.

The only publication of its kind, Energy & Metals Consensus Forecasts contains detailed consensus and individual analyst price forecasts for the next 10 quarters as well as the long-term outlook.

Aluminium Price Forecasts Image

The publication has many practical uses including commodity investment analysis, risk management, corporate planning, and budgeting. The commodities covered have been selected for their global appeal and traded on prominent futures markets such as the London Metal Exchange (LME), New York Mercantile Exchange (NYMEX) and InterContinental Exchange (ICE). For example, the aluminium forecasts below are based on LME cash prices for high-grade aluminium of at least 99.7% purity.

Aluminium Price Forecasts From Survey of October 26, 2009
(US$/metric tonne)
Survey Date Spot Price US$1949/t Dec 09 Mar 10 Jun
10		 Sep 10 % Change from spot Dec 10 Mar 11 Jun 11 Sep 11 Dec 11
UBS 1984 2094 2094 2094 7.5% Download the sample issue
Prometeia 1879 1918 2038 2088 7.1% below to see the complete table
Societe Generale 1850 1900 1975 2040 4.7% of forecasts, price charts,
Credit Suisse 1653 1984 1984 1984 1.8% and written analysis.
BIPE 1715 1887 1793 1972 1.2%
ANZ 2028 2094 2006 1962 0.7%
Scotiabank 1875 1940 2094 1940 -0.5%
Econ Intelligence Unit 1934 1994 1969 1916 -1.7%
National
Australia Bank 		1791 1828 1866 1915 -1.7%
Citigroup 1803 1836 1869 1903 -2.4%
Westpac 1880 1880 1750 1900 -2.5%
RBS 1950 1874 2094 1874 -3.9%
Morgan Stanley 1830 1852 1896 1830 -6.1%
Commonwealth Bank 1788 1750 1813 1825 -6.4%
Wilson HTM 1895 1819 1819 1819 -6.7%
IHS Global Insight 1870 1875 1787 1805 -7.4%
ABARE 1750 1680 1700 1780 -8.7%
Investec 1852 1653 1764 1764 -9.5%
Macquarie Bank 1764 1764 1764 1764 -9.5%
Barclays Capital 1850 1950 1900 1750 -10.2%
Metal Bulletin Research 1660 1660 1680 1730 -11.2%
Oxford Economics 1790 1649 1615 1661 -14.8%
Deutsche Bank 1984 1874 1764 1653 -15.2%
Bank of America 1900 1900 1700 1600 -17.9%
Consensus (Mean) 1845 1861 1864 1857 -4.7%
High 2028 2094 2094 2094 -
Low 1653 1649 1615 1600 -
Standard Deviation 97 123 141 133 -

The table above shows a portion of aluminium price forecasts taken from the October 2009 issue of Energy & Metals Consensus Forecasts. A complete sample issue of the publication, which also includes forecasts for Copper, Lead, Nickel, Tin and Zinc, as well as ferrous and precious metals, can be downloaded in PDF format by clicking the link below and registering your details.


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