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Home / Metal News / Societe Generale Hikes Copper Price Forecast for Q1 and 2017

Societe Generale Hikes Copper Price Forecast for Q1 and 2017

Jan 26, 2017 09:24

Source:SMM

Societe Generale raised its forecast for copper prices from $5,000 per tonne to $5,500 per tonne in Q1 2017, and the forecast for 2017 was increased from $5,500 per tonne to $5,625 per tonne, accordin

SHANGHAI, Jan. 26 (SMM) - Societe Generale raised its forecast for copper prices from $5,000 per tonne to $5,500 per tonne in Q1 2017, and the forecast for 2017 was increased from $5,500 per tonne to $5,625 per tonne, according to wenhua.com.

The bank said strike will threaten copper ore production. Base metals prices will hold firm except for nickel and tin futures.

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