Citigroup predicts that aluminum inventory will drop to a historic low

According to Citigroup's forecast, aluminum inventory will drop to a historic low in the next 6 to 12 months. This year, the aluminum market is expected to experience a supply shortage of approximately 2.7 million tons (2.7 million tons). If the decrease in demand is not enough to alleviate the tight supply, aluminum prices may reach $4000 per ton in the next three months. In an optimistic scenario, the average price of aluminum in 2027 may reach $5350 per ton.