Post by
rexrex on Dec 15, 2020 10:05pm
Follow the Copper - Must Read
https://investorintel.com/market-analysis/market-analysis-intel/follow-the-copper/
Comment by
rexrex on Dec 15, 2020 10:07pm
The copper market should head into 2021 facing the tightest market conditions in a decade owing to a substantial deficit, followed by continued tight markets into 2022 and 2023, Goldman says, adding it is highly probable that copper will test the 2011 record high $10,170/mt by H1 2022. The US$10,170/mt works out to be US$4.61/lb.Goldman Sachs H1 2022 copper price target is 10,170/mt or US$4.61/lb