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Bank of America: raise the average price of copper this year and next to US $6062 and US $7000 per ton respectively

Release time:2020-08-06Click:1403

    According to foreign media on August 5, BofA global research said in a report on Wednesday that the average price of copper this year is expected to be $6062 per ton, compared with the previous estimate of $5621.

    The bank also said it expected copper prices to average $7000 a ton next year, up from $6250 a ton previously.

    The bank also said it expected an average zinc price of $2148 a ton this year, up from $1969 previously.

    The average price of lead is expected to be $1817 per ton this year, compared with the previous estimate of $1755.

    Nickel is expected to average $13236 a ton this year, up from $13190 previously.

    The average price of this year's aluminum was raised to $1673 a ton, compared with the previous estimate of $1590 per ton.




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