Goldman Sachs Bullish on Short-term Copper Price

Published: Jul 13, 2017 10:42

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Goldman Sachs take a bullish outlook for short-term copper price, which will challenge $6,200 per tonne, citing robust demand growth.

SHANGHAI, Jul. 13 (SMM) - Goldman Sachs take a bullish outlook for short-term copper price, which will challenge $6,200 per tonne, citing robust demand growth.

Chile Raises Copper Price Forecast for 2017

But, supply surplus later will weigh down copper price to $5,500 per tonne in 2018 and $5,300 per tonne in 2019.

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