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BNAmericas reports that the price of copper will average US$3.28 a pound in 2014, according to the publication’s Mining Outlook 2014.
BNAmericas reports that the price of copper will average US$3.28 a pound in 2014, according to the publication’s Mining Outlook 2014.
As quoted in the market news:
The projection is based on the consensus forecast of eight analysts, including Goldman Sachs, Citibank,Scotiabank, Chile’s state copper commission Cochilco and BNamericas.
However, the influx of new supply and the anticipated surplus starting this year could push the price below US$3/lb by 2015, according to the report.
Click here for the article on BNAmericas
