Forecast: Copper prices to grow

11:17 - 15.04.2021


April 15, Fineko/abc.az. The demand for copper is increasing as the transition to green energy accelerates.

ABC.AZ reports that this is stated in an analysis of the report published by global investment bank Goldman Sachs.

The report says that this means that copper prices will rise even more. Goldman Sachs raised its forecast for copper prices for the next 12 months up to $11,000/ton.

Currently, copper is sold at the price of $9,068.

 

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