March 15, 2021
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LME prices reached HARBOR’s $2,200 per mton target as anticipated. In February, LME prices rallied to as high as $…
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However, LME prices above $… per mton seem unsustainable for now. We continue to see LME prices likely range-trading further within the $…
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We see LME prices rallying to as high as $… per mton, but later in the cycle. In our baseline scenario, we see the current price rally taking a break in…
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After almost a year of being bearish, Consensus forecast for 2021 is finally in line with HARBOR’s view. HARBOR’s base forecast for average LME prices…