花旗：预计未来三个月铜价将升至1.4万美元

Group 1 - Citi expresses a bullish outlook on copper prices in the short term, predicting prices will rise to $14,000 per ton in the next three months [1] - The bank notes limited downside risks for copper prices due to expected strong buying in both physical and financial markets, alongside seasonal inventory consumption in China in the coming months [1] - The three-month copper futures reached their highest price since February 12, driven by improved market sentiment and stronger demand from China, the largest metal consumer [1] Group 2 - Citi maintains its forecast for an average copper price of $13,000 per ton in 2026, which is deemed sufficient to balance the global copper market this year [1] - The bank indicates that a limited U.S.-Iran nuclear deal or a temporary easing of tensions could boost risk-sensitive assets like copper [1] - The dynamics of COMEX-LME arbitrage are no longer a significant factor driving further price increases, as the arbitrage pricing has weakened since early 2026, and there has been a strong inflow of metals into U.S. associated LME warehouses [1]