Commodities
BofA expects an aluminium supply deficit this year before shifting to a modest surplus next year, which is seen widening as additional Indonesian supply comes online in H2 2027; aluminium prices could rebound in the coming weeks but face downside pressure
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BofA projects an aluminium deficit this year, shifting to a widening surplus by H2 2027 due to Indonesian supply, leaving prices vulnerable despite near-term rebound potential.
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