BRIEF-Goldman Sachs Forecasts Copper Price To Rise Above $10,500/T In Q12026
ReutersFeb 25, 2025 1:56 AM
Feb 25 (Reuters) - GOLDMAN SACHS:
BELIEVES COPPER MARKET IS POISED FOR ANOTHER SUSTAINABLE STEP-UP IN ITS PRICE RANGE, TO $10,500-$11,500/T
EXPECTS DEFICITS OF 180KT AND 250KT IN 2025 AND 2026 FOR COPPER
FORECASTS COPPER PRICE TO RISE ABOVE $10,500/T IN Q12026, BUT BE CAPPED AT $11,500/T
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