Copper prices exceed $15,000 per metric ton by December 2026

Market overview

Citi's bull-case forecast of $15,000 per metric ton for copper is driven by AI data center demand and strategic stockpiling. Given the 14.9% YTD increase and ongoing macroeconomic support, prices are likely to surpass this level by year-end.

commodities prediction market

Implied probability (Yes)

70%

Source: user-generated

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