Citigroup: Baseline scenario indicates that copper prices are expected to moderate to $12,000/ton in the fourth quarter of 2026, hampered by headwinds from US tariffs and inventory dynamics.

2026-05-08

Citigroup: Baseline scenario indicates that copper prices are expected to moderate to $12,000/ton in the fourth quarter of 2026, hampered by headwinds from US tariffs and inventory dynamics.