Citi turns bullish on copper with forecast of $15,000 per ton within a year — here's why

Citi analysts forecast copper at $14,500 per metric ton next month and $15,000 per metric ton within a year. The note is constructive for copper prices and points to further upside in the metals complex. The article is limited to analyst commentary, so near-term market impact is likely modest.

Analysis

Citi analysts forecast copper at $14,500 per metric ton next month and $15,000 per metric ton within a year. The note is constructive for copper prices and points to further upside in the metals complex. The article is limited to analyst commentary, so near-term market impact is likely modest.