Goldman Sachs expects copper price to remain in $10,000-$11,000/t price range in 2026/2027
(Reuters) -Copper prices are expected to stay in a range of $10,000-$11,000 per metric ton in 2026/2027 due to a market surplus, though the long-term outlook remains positive, Goldman Sachs said in a note on Friday. The bank noted three key factors that could limit copper’s upside: First: Chinese buyers could reduce purchases if prices exceed …