Lates News

Citigroup Group stated that with the expected global manufacturing industry recovery in 2026 and the weakening of the US dollar, copper prices are expected to end cautiously in 2025 and then have the potential to launch a more coordinated upward trend in 2026, challenging the $12,000 per ton threshold. Analysts Max Layton and Wenyu Yao pointed out in the latest quarterly outlook report for commodities that in the coming months, the demand for copper as a "wiring metal" will face resistance, but the long-awaited supply shortage issue in 2026 will drive the improvement of copper demand. They expect the average copper price in the fourth quarter of 2025 to reach $10,000 per ton, close to the current price level. The report stated: "For investors and consumers who can withstand short-term fluctuations, we recommend gradually allocating copper assets in the next 3 to 6 months to capture a 20% upside potential by the end of 2026."