GOLDMAN SACHS RAISES COPPER PRICE FORECASTSGoldman Sachs now expects copper to reach $14,700 per ton by end-2026 and ave | Hanami
GOLDMAN SACHS RAISES COPPER PRICE FORECASTS
Goldman Sachs now expects copper to reach $14,700 per ton by end-2026 and average $15,400 in 2027, up from $13,735 and $13,800.
The bank forecasts supply deficits outside the U.S. of 950,000 tons in 2026 and 220,000 tons in 2027, driven by weaker mine output and stronger Chinese demand.