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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.
Bu hikaye Financial Express Kochi dergisinin December 06, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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