JP Morgan Forecasts Growing Copper Deficit and Continued High Prices
JP Morgan forecasts a widening global refined copper deficit to 160,000 metric tons by 2026, maintaining its $11,000/ton price forecast for 2025 despite potential U.S. tariffs. A looming shortage outside the U.S. could push prices toward $10,400/ton in late 2025.
JP Morgan Forecasts Growing Copper Deficit and Continued High Prices Read More »