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J.P. Morgan publishes commodity price forecasts for 2023, 2024

Time:Wed, 15 Feb 2023 09:23:12 +0800

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J.P. Morgan, a financial services institution based in the US, published commodity price forecasts, expecting the average price of aluminum to be US$2,388/ton in 2023 and US$2,900/ton in 2024. The average copper price was expected to be US$7,900/ton in 2023 and US$9,125/ton in 2024.

The average price of nickel was predicted to be US$22,250/ton and US$25,250/ton in 2023 and 2024, respectively. The average zinc price was projected to be US$3,025/ton in 2023 and US$3,388/ton in 2024.
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