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BMI hikes copper price forecast 6.7% on supply deficits

Northern Miner July 16, 2026 · 7:20 pm Read Original

Optimistic 44.1

−100 Bearish 0 +100 Bullish

Industry research firm BMI lifted its 2026 average copper price forecast by 6.7% to $12,700 per tonne, citing converging supply-side pressures, tariff-driven tightness and AI-fuelled optimism.Copper trading in New York...
The post BMI hikes copper price forecast 6.7% on supply deficits appeared first on The Northern Miner.

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Source Northern Miner

Published Jul 16, 2026 · 7:20 pm

Article ID tustypc

Original URL Open source

Optimistic 44.1

−100Neutral+100

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