‘Copper to hit $11,875 per tonne this year’
Published On January 3, 2022 » 458 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI
COPPER is expected to average $11,875 per tonne in 2022 from a projection of price target of $10,500 per tonne in 2021. Goldman Sachs remains bullish on the copper market with its analysts maintaining their London Metal Exchange (LME) copper forecast with at year-end
In the longer term, Goldman Sachs predicts in its latest forecast that copper prices could average $11,875 per tonne in 2022, $12,000 in 2023, $14,000 in 2024 and $15,000 in 2025.
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