Copper, better known as Dr. Copper, is a crucial barometer for the global economic health. Since hitting its all-time high in May 2024, COMEX copper futures have since dropped by about 17%.
This article reviews consensus copper price forecasts (2024-2028) and market fundamentals underpinning the long-term bull case. The price of copper hit an all-time high in May, a run fueled by the ...
Citi has slashed its copper forecasts amid concerns that sweeping tariffs under US President-elect Donald Trump and disappointing stimulus in China will derail a recovery in global manufacturing.
The broker is among a growing chorus of banks tipping iron ore to remain below $US100 a tonne next year. Meanwhile, copper ...
Citigroup Inc. cut its short-term outlook for copper prices by 11% as likely hikes in US trade tariffs under a Trump presidency and weaker-than-expected China stimulus would weigh on demand.
Prior to Beijing's major stimulus announcements, BHP had revised its forecast for Chinese copper demand growth down to 1-2% for 2024, a significant drop from 6% in 2023. Despite these short-term ...
Revenue for the period edged 1.1% higher to $485.8 million, ahead of the $454.5 million forecast by analysts. The company's cash cost per pound of copper produced fell to 18 cents from $1.14 in ...
The report offers a detailed examination of industry trends and developments shaping the growth of the India Copper market. It also provides a comprehensive analysis and forecast of the market future ...
cut its short-term outlook for copper prices by 11% as likely hikes ... $8,500 a ton over the next three months from its previous forecast of $9,500. The industrial metal has already slumped ...
Investing.com -- Citi Research in a note dated Wednesday has revised down its copper price forecast for the short term, signaling that ongoing trade tensions between the United States and China ...
Read today's latest analysis and reports for the SEB Copper Index. Specialist forecast analysis at your fingertips with SEB Copper index predictions and expectations from today's expert interpretation ...