Citi: Aluminum prices will see the biggest bull market in the past 50 years
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Aluminum prices are expected to surge to $4,000 per ton in the short term and may reach even higher levels in the future. Citibank pointed out that, due to turmoil in the Middle East, global aluminum supply losses have exceeded 3 million tons, directly pushing the market into a structural shortage. Meanwhile, global idle production capacity is nearly zero, and inventories were already at a 55-year historical low. Read more
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Deloitte acquires crypto infrastructure company Blocknative
BlockBeats•2026/05/19 16:59
Trending news
MoreAccording to sources familiar with the matter, Wall Street is actively preparing a debt issuance plan worth up to $49 billion to provide key financial support for Paramount Skydance Corp's potential acquisition of media giant Warner Bros. Discovery Inc.
The Philadelphia Semiconductor Index rose over 1.1%, and the Nasdaq 100 Index has almost fully recovered its earlier losses of the day.
Crypto prices
More
Bitcoin
BTC
$76,741.86
+0.08%
Ethereum
ETH
$2,112.87
+0.30%
Tether USDt
USDT
$0.9991
-0.01%
BNB
BNB
$639.69
-0.08%
XRP
XRP
$1.36
-1.31%
USDC
USDC
$0.9997
-0.02%
Solana
SOL
$84.53
+0.21%
TRON
TRX
$0.3548
-0.14%
Dogecoin
DOGE
$0.1036
-0.39%
Hyperliquid
HYPE
$48.67
+7.27%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now