Barclays raises copper price forecast to $6,175/mt-Shanghai Metals Market

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

Price Review & Forecast 03:12:24PM Dec 12, 2017 Source:SMM

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.
 

Key Words:  Barclays   copper   price forecast 

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

Price Review & Forecast 03:12:24PM Dec 12, 2017 Source:SMM

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.
 

Key Words:  Barclays   copper   price forecast