Citi Lowers Three-Month Copper Price Forecast to $9,500/mt. On Thursday, March 27, Citi Research stated in a report that it has revised its three-month copper price forecast from $10,000/mt to $9,500/mt. Citi added, "We still expect the average copper price in H2 2025 to be $8,800/mt, due to a widespread decline in physical demand caused by the US implementing broader import tariff increases and facing obstacles in economic growth.