S&P 5007,482.58▼0.3% Nasdaq25,870.65▲0.2% Dow52,348.09▼1.1% Russell 2K2,948.91▼1.1% 10-Yr4.57%+4bp VIX16.86+0.73 WTI$74.03▲5.1% Gold$4,091.40▼1.3% EUR/USD1.143▼0.1% BTC$63,168▲1.5% Nikkei68,257▼2.1%
At close · Thu, Jul 9, 2026
Daily Market Updates.

Commodities

HomeCommoditiesIndustrial MetalsTD Securities cuts aluminium price outlook as supply r…

TD Securities cuts aluminium price outlook as supply recovers

TD Securities now expects aluminium to average $3,378 per metric ton in 2026 and $3,281 in 2027, citing smaller deficits as demand softens.

TD Securities strategists have downgraded their aluminium price outlook, saying recovering supply and softer demand point to smaller deficits and a shift toward market balance, according to FXStreet.

The firm now projects aluminium to average $3,378 per metric ton in 2026 and $3,281 per metric ton in 2027, while still indicating a major rout is unlikely.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.