UOBKH foresees supply disruptions due to China’s production cap, the removal of VAT rebates and the US tariffs.
PETALING JAYA: UOB Kay Hian Research (UOBKH Research) expects Press Metal
Aluminium Holdings Bhd’s growth this year to be fuelled by ongoing supply constraints and falling raw material costs.
Should aluminium prices swing from its conservative forecast, the research house said, “Based on our sensitivity analysis, every US$100 per tonne increase to our current spot aluminium price assumption of US$2,450 per tonne in 2025 would increase Press Metal’s earnings by 14% annually.”
