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Barclays raises copper price forecast to $6,175/mt

iconDec 12, 2017 15:12
Source:SMM
Barclays will raise copper price forecast in 2018 from $5,725/mt to $6,175/mt, the bank said on Tuesday.

SHANGHAI, Dec 12 (SMM)-Barclays has raised its copper price forecast in 2018 to $6,175/mt from $5,725/mt, the bank said on Tuesday.

It added that the first quarter of next year would see copper prices average at $6,275/mt and that levels above $7,000/mt would be too high.


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