Goldman Sachs raises copper price forecasts, sees $14,700/ton by end-2026

Goldman Sachs raised its copper price forecasts, now expecting 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.

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