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Home / Metal News / Barclays: Bull Run for Much Inflated Copper May End Soon, Copper Price to Slide in 2018

Barclays: Bull Run for Much Inflated Copper May End Soon, Copper Price to Slide in 2018

iconAug 23, 2017 13:57
Source:SMM
Barclays commodity analyst Dane Davis is cautious toward copper prices, expecting copper prices to average $5,950 per tonne in Q4 2017, about 10% below current level.

SHANGHAI, Aug. 23 (SMM) – Barclays commodity analyst Dane Davis is cautious toward copper prices, expecting copper prices to average $5,950 per tonne in Q4 2017, about 10% below current level.

Citibank Bullish toward Base Metals in Next Few Months

Copper prices are expected to slide further to $5,725 per tonne in 2018.

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