Core Viewpoint - The ANZ Research Department predicts that copper prices will remain above $11,000 per ton in 2026, driven by supply constraints and accelerating demand, with potential to approach $12,000 by year-end [1] Group 1: Price Forecast - The forecast for 2026 has been revised upward from a previous range of $9,800 to $10,800 per ton [1] - The report indicates that the market gap is expected to widen further in 2026, with inventories projected to decrease by 450,000 tons [1] Group 2: Market Dynamics - The London Metal Exchange (LME) benchmark three-month copper price reached a historic high of $11,906 per ton [1] - Copper prices have increased by 35% year-to-date, potentially marking the largest annual gain since 2009 [1] Group 3: Demand Drivers - Strong demand in the U.S. is primarily driven by the investment boom related to artificial intelligence and trade flows [1]
澳新银行：2026年铜价将维持在每吨11000美元以上
Wen Hua Cai Jing·2025-12-12 01:23