Deutsche Bank expects the average price of copper to be $6000 in 2020

SMM: Deutsche Bank expects the average price of copper to be $6000 / ton in 2020, $6450 / ton in 2021, and $1675 / ton of aluminum in 2020 and $1750 / ton in 2021.

The investment bank expects the average price of nickel to be $13600 / ton in 2020 and $17100 / tonne in 2021; the average price of zinc is expected to be $2225 / tonne in 2020 and $2375 / tonne in 2021; the average price of tin is expected to be $16800 / tonne in 2020 and $18400 / tonne in 2021; the average lead price is expected to be $1825 / tonne in 2020 and $1875 / tonne in 2021.

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