International investment bank Goldman Sachs revised its price forecasts upwards in its report on copper price. According to the contents of its report, it increased its copper price target for the next 3 months from $7750/tonne to $9250/tonne. It also raised its copper price expectation for the 6-month period from $9200/ton to $9500/ton.
Goldman Sachs maintained its long-term copper price expectation for the next 12 months as 10 thousand dollars/ton.
