Price forecast accuracy of 99.35% in Q4 2017 Despite other metals continuing to rally, aluminium has been struggled near its recent high, even though dips remain supported for now. Aluminium’s big bull story of 2017 – Chinese smelter cutbacks – was a disappointment as production grew by 11.9% in the end. Stocks in the country...
MB published the results of its Q4 2017 Apex survey of metal price forecasters, including ranking its participants by the accuracy of their forecasts. MBR has a good track record of high and consistent accuracy. Last quarter we were the top forecaster of the 20 analyst or trading desks polled. Our average accuracy across all the base metals was 99.35%.
Aluminium: Still holding up well
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