Copper Could Hit $14,000 a Ton, Max Layton Says
1:17
YouTubeBloomberg Television
Copper Could Hit $14,000 a Ton, Max Layton Says
Copper extended a powerful rally after bursting through $13,000 a ton for the first time. Citi's Global Head of Commodities Research Max Layton said that he is staying bullish on copper in the near-term and is targeting copper price around $14,000 a ton now. He discussed his outlook on "Bloomberg Markets" with Scarlet Fu. -------- More on ...
2.1K views1 day ago
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After Silver’s explosion, you must look at what’s happening to Copper... In the past one month alone, Copper is up by ~8-10% and the metal has increased in value by ~40% in the past year... Companies dealing with Copper like Hindustan Copper Ltd are up by almost 45% in the past one month, and has practically doubled in the past year... So let’s understand what’s happening in the copper market today and what opportunities does it present... Both Goldman Sachs and JP Morgan predict that copper pri
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