RE:Growing optimism? Wall Street banks are bullish on the outlook for copper prices through to the end of the year.
Earlier this week, analysts at Citi said that they believe the second secular bull market of copper this century is now underway — roughly 20 years after the first such cycle.
Citi said on Monday that it expects copper prices to trend higher over the coming months, averaging $10,000 per metric ton by the end of the year and climbing to $12,000 in 2026, according to the bank’s base-case scenario.
BSdetector2016 wrote: Copper is projected to be in deficit for years. Solaris' resource is right on surface. Ambulance chasers had better get onboard yesterday if the want to benefit from the bull run.