高盛调整铝价预测：短期上调至2280美元/吨长期因供需矛盾下调2026-2027年预期

基础金属	铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁
稀有金属	稀土稀土矿稀土氧化物稀土金属钕铁硼稀散金属锑铋铟锗镓硒钽锆贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒
新能源	锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

基础金属

铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁

稀有金属

稀土稀土矿稀土氧化物稀土金属钕铁硼 稀散金属锑铋铟锗镓硒钽锆 贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒

新能源

锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰 锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

高盛调整铝价预测：短期上调至2280美元/吨长期因供需矛盾下调2026-2027年预期

2025-06-03 09:57:51 来源：北方有色网责任编辑：王欣悦

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高盛将2025年下半年铝价预测上调140美元至每吨2280美元，主要因市场供应过剩规模小于预期、中国需求刺激政策及宏观经济预期改善（需求增速从1.1%上调至1.8%），但预计铝价将在2026年初降至每吨2100美元的低点，且2026年和2027年铝价分别下调至每吨2230美元和2500美元（低于原预测的2540美元和2800美元），主因2025年全球铝市场预计过剩58万吨，叠加能源成本波动、政策风险及需求增速放缓等因素；需关注中美贸易政策、能源成本、新能源领域（如汽车、光伏）需求变化及产能政策等风险。

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高盛调整铝价预测：短期上调至2280美元/吨 长期因供需矛盾下调2026-2027年预期

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高盛调整铝价预测：短期上调至2280美元/吨长期因供需矛盾下调2026-2027年预期