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Copper extends record-breaking run as Citi joins bullish chorus
Financial Express Kochi
|December 06, 2025
METAL MAY STAY ‘VOLATILE’
COPPER ROSE TO a record, given fresh impetus by a bullish price outlook from Citigroup as traders anticipate a shortage caused by stockpiling in the US.
The industrial metal rose as much as 2.2% to $11,705 a ton, surpassing a previous high set earlier this week. Copper will average $13,000 in the second quarter as inventories build in the US, creating a deficit elsewhere, according to the base scenario presented by Citi analysts in a note on Friday.
Dit verhaal komt uit de December 06, 2025-editie van Financial Express Kochi.
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