摩根大通预测2026年铜市将出现13万吨供应缺口 铝市将出现23万吨供应缺口

Group 1 - Morgan Stanley forecasts a supply deficit of 130,000 tons in the copper market by 2026 [2] - The copper market is expected to shift to a mild surplus in 2027 due to increased supply from copper scrap and the recovery of several mines that experienced significant supply disruptions in 2025 [2] - Projected copper prices are estimated to be $13,500 per ton in Q2 2026 and $13,000 per ton in Q3 2026 [2] Group 2 - The aluminum market is projected to have a supply deficit of 230,000 tons in 2026 [3] - The average price of aluminum is expected to be $3,200 per ton in Q2 2026, with significant support anticipated in the second half of the year [3]