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

Dec 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.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

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

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