Goldman Sachs has slightly adjusted its average copper price forecast in 2025 from US$10,100 per ton to US$10,160, showing Goldman Sachs’ positive view on the prospects of the copper market.

Behind this series of adjustments by Goldman Sachs is an in-depth insight into the Chinese economy.

For aluminum, Goldman Sachs is also optimistic. It raised its average aluminum price forecast in 2025 to US$2,700 per ton, a significant increase from the previous forecast of US$2,540.

This move is mainly based on the prediction that after China adopts a series of economic stimulus measures, its demand potential as the world's largest consumer country will continue to be released.