Survey: Analysts maintain their aluminum price forecast for the fourth quarter of this year
July 30, 2025
On Tuesday, July 29th, a survey result showed that analysts said the US tariff measures are expected to curb the demand for aluminium, which is mainly used in transportation, construction and packaging, etc. However, the narrowing of market supply surplus and relatively low inventory levels will support aluminium prices. The median estimate of a survey of 26 analysts shows that the average price of LME spot aluminum contracts in the fourth quarter of 2025 is expected to be $2,500 per ton, almost unchanged from the previous survey estimate of $2,518, but a 5% decline from the current price level. Analysts have revised the supply and demand situation of the aluminum market in 2025 from an excess of 280,000 tons predicted in the previous survey to an excess of 200,000 tons.
