Copper prices climb to 2024 high as Citi calls the start of the metal's second bull market this century
Publishing timestamp: 2024-04-10 09:06:33
Summary
Copper prices are at their highest level since June 2022, driven by supply risks and improving demand prospects for energy transition metals. Wall Street banks are bullish on the outlook for copper prices, with some predicting significant price increases in the coming years. However, not everyone is convinced that copper prices will hold onto projected gains due to potential demand adjustments.
Sentiment: MIXED
Keywords: asia economy, markets, breaking news: markets, u.s. economy, copper (mar'23), business news, metal commodities, world economy,