Goldman Sachs expects copper to reach $15,600 per tonne in December 2027

FinanceInternationalRevista ADVFNNov 13, 2026, 5:15 AMAI summary

Goldman Sachs projects that copper on the London Metal Exchange (LME) will reach $15,600 per tonne in December 2027, an increase of about 13% from current spot market prices. The bank attributes the forecast to industrial demand growth, constraints on mining production and competition between the United States and China for refined copper, along with investment in electrification, energy security and artificial intelligence infrastructure.

In 35 seconds

Goldman Sachs projects $15,600 per tonne of LME copper by December 2027, about 13% above the spot market.
The bank cites electrification, energy security, data centers and AI infrastructure as demand drivers.
Mining production constraints and US-China competition for refined copper reduced inventories outside the United States.

Read the full story at Revista ADVFN

IASummary generated by artificial intelligence from a story by Revista ADVFN. It may contain errors: the original source prevails.

cobre
Goldman Sachs
materias primas
LME
demanda industrial

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Goldman Sachs expects copper to reach $15,600 per tonne in December 2027

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