
March 5 (Reuters) - JP Morgan predicted a severe tightening of the global aluminium market, with a deficit surpassing over 600,000 metric tons by 2025, driven by a slowdown in supply growth mirroring China's recent struggles.
"We still think deficit fundamentals continue to point towards aluminum prices trading higher to $2,850/mt in 4Q25 in order to stimulate needed restarts," the bank said in a note on Wednesday.