Copper Prices Are Forecast to Decline Somewhat from Record Highs in 2026
2 Articles
2 Articles
Copper is back in the news in the global commodity market. After hitting record highs in recent months, investors, industry and policymakers are now watching major brokerages’ forecasts for its future direction. A recent report by Goldman Sachs Research suggests that copper prices may decline slightly in 2026 but the metal is expected to rebound in the long term. This is driven not only by demand and supply but also by key global needs such as a…
Copper Prices Are Forecast to Decline Somewhat from Record Highs in 2026
What could boost copper prices next year? One factor that could lead to higher demand on the London copper market next year is the potential for the US to place tariffs on refined copper imports. The US commerce secretary is expected to make a recommendation on copper tariffs to the White House by…
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