In the S&P Global table below, prices in RED represent a 1% or...

In the S&P Global table below, prices in RED represent a 1% or lower forecast. While prices in GREEN represent a 1% or higher forecast, compared with last month's consensus estimate target price.

With growing surpluses expected to emerge in the copper market near term, consensus price forecasts have been downgraded by an average of 0.7% across 2023–25.

Copper demand growth — led by the global energy transition — is, however, projected to outpace supply growth from 2026, resulting in upgrades to copper price forecasts.



Source: https://www.spglobal.com/marketinte...conomic-headwinds-dampen-metals-price-outlook

Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.