BMI hikes copper price forecast 6.7% on supply deficits

Industry research firm BMI lifted its 2026 average copper price forecast by 6.7% to $12,700 per tonne, citing converging supply-side pressures, tariff-driven tightness and AI-fuelled optimism.Copper trading in New York hovered just below the $14,000-a-tonne level on Thursday, with the...

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