BMI expects lower metal prices this year
Market analyst BMI – a unit of Fitch Solutions – has forecast that metal prices will average slightly lower this year than in 2024, with BMI head of commodities analysis director Sabrin Chowdhury noting that prices are expected to remain “elevated and not crash just yet.” Speaking during a webinar on February 4, she expressed that BMI holds a mildly negative view on the overall metals complex this year, noting that, while most commodities will average slightly lower this year compared with 2024 on a yearly average basis, prices will remain elevated compared with levels before 2022.
Market analyst BMI – a unit of Fitch Solutions – has forecast that metal prices will average slightly lower this year than in 2024, with BMI head of commodities analysis director Sabrin Chowdhury noting that prices are expected to remain “elevated and not crash just yet.” Speaking during a webinar on February 4, she expressed that BMI holds a mildly negative view on the overall metals complex this year, noting that, while most commodities will average slightly lower this year compared with 2024 on a yearly average basis, prices will remain elevated compared with levels before 2022.
