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Copper Tops $14,000 With Banks Calling for Even More Upside | OilPrice.com

Goldman Sachs raised its copper price target to $13,735/ton while Citigroup sees $15,000 within a year, citing mine disruptions and tightening global supply.

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oilprice.comStai leggendo2 mesi fa

Copper Tops $14,000 With Banks Calling for Even More Upside | OilPrice.com

Goldman Sachs raised its copper price target to $13,735/ton while Citigroup sees $15,000 within a year, citing mine disruptions and tightening global supply.

originale

zerohedge.com2 mesi fa

HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts

Goldman raised end-2026 copper forecast to $13,735/ton (from $12,465) due to 350kt global supply deficit. Supply pressure directly impacts AI and data center capex and cloud infrastructure costs; vendor margins face compression through 2027.

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martedì 2 giugno 2026·zerohedge.com
HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts
"Furthermore, US copper imports in H1 2026 have exceeded our previous forecast, tightening the ex-US balance."
mercoledì 3 giugno 2026·oilprice.com
Copper Tops $14,000 With Banks Calling for Even More Upside | OilPrice.com
Goldman Sachs raised its copper price target to $13,735/ton while Citigroup sees $15,000 within a year, citing mine disruptions and tightening global supply.