1144 GMT - Aluminum prices are expected to weaken into next year as the market moves into a surplus, according to Morgan Stanley analysts. The bank expects recovering supply from the Middle East and a ramp-up in Indonesia to outpace relatively soft demand, resulting in a forecasted global surplus of more than 800,000 tons in 2027. It sees prices falling to around $2,800 a ton in the second half of 2027 from $3,200 currently, although it says higher production costs and the potential for aluminum to substitute for copper should limit the downside.
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