Copper prices and supply outlook
Deutsche Bank said copper prices could rise another 50%, citing historically low inventories, US stockpiling and constrained mine supply, and warned supplies to users could be exhausted by 2028. High energy costs are limiting demand as copper heads for a weekly loss.
Timeline
Friday, 2 October
Tuesday, 29 September
- Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028
Deutsche Bank sees copper prices potentially rising another 50%
