Goldman Sachs Bullish on Short-term Copper Price-Shanghai Metals Market

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Goldman Sachs Bullish on Short-term Copper Price

Industry News 10:42:44AM Jul 13, 2017 Source:SMM

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. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Goldman Sachs Bullish on Short-term Copper Price

Industry News 10:42:44AM Jul 13, 2017 Source:SMM

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. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.