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Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028

Copper prices could surge further as historically low inventories, US stockpiling and constrained mine supply intensify competition for spot metal. Deutsche Bank expects copper to reach $22,050 per metric ton by Q2 2027, while supply available to global users could tighten sharply by 2028.

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Economic TimesLean R·1h ago
Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028
Copper prices could surge further as historically low inventories, US stockpiling and constrained mine supply intensify competition for spot metal. Deutsche Bank expects copper to reach $22,050 per metric ton by Q2 2027, while supply available to global users could tighten sharply by 2028.
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Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028

How 1 sources are covering this

Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028

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