The price of aluminum will be $ 3000 per ton at the end of 2011. This forecast was expressed Agency analysts Harbor Intelligence, said Yieh Corp. The company said that while aluminum prices have fallen by 6,7% compared to the peak on May 3, they will continue to be adjusted in the coming weeks. In addition, prices for aluminum on the LME will depend on slow demand from end users. Earlier Harbor Intelligence Agency increased the price forecast for aluminum in 2012-2015. Experts estimate that next year the winged metal will cost 2,900 dollars per ton, rather than 2700 dollars per ton, as previously expected. Already in 2013 aluminum price will rise to $ 3000 per ton, and in 2014 - to 3200 dollars per ton. In 2015, the value of the metal will be at $ 3000 per ton. According to forecasts of a Chinese company Chalco, aluminum consumption in the world market in 2011 compared with 2010 increased by 5,5% to reach 43.26 million tons. Also in Chalco added that aluminum consumption in China will grow by 13% to 18.7 million tons. Ministry of Industry
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