Copper Prices May Surge Another 50%, Predicts Deutsche Bank; Supply to Users Could Exhaust by 2028
11 Articles
11 Articles
Copper prices are hitting new highs, and according to Deutsche Bank's new head of metals research, Daniel Ghali, the price hike is far from over, as massive stockpiling in the United States and China is further tightening global supply and could push the metal's price to new highs, The Wall Street Journal reports. We'll be covering similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of t…
Conservative Playlist
“De-Globalization Endgame”: Deutsche Bank Warns Historic Copper Squeeze Could Ignite 50% Rally
(Zero Hedge)—London copper prices are near record highs at the start of the week, reinforcing the supercycle commodity bull-cycle thesis former Goldman Sachs commodities chief Jeff Currie outlined in August: “get long and buckle up.” The convergence of tight physical markets, currency debasement and policy intervention is creating conditions for a sustained repricing of scarce […]
The Economic Times
Times of IndiaCopper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028
Copper prices could surge further as historically low inventories, US stockpiling and constrained mine supply intensify competition for spot metal. Deutsche Bank expects copper to reach $22,050 per metric ton by Q2 2027, while supply available to global users could tighten sharply by 2028.
Zero Hedge
BizToc"De-Globalization Endgame": Deutsche Bank Warns Historic Copper Squeeze Could Ignite 50% Rally
"De-Globalization Endgame": Deutsche Bank Warns Historic Copper Squeeze Could Ignite 50% Rally London copper prices are near record highs at the start of the week, reinforcing the supercycle commodity bull-cycle thesis former Goldman Sachs commodities chief Jeff Currie outlined in August: "get long and buckle up." The convergence of tight physical markets, currency debasement and policy intervention is creating conditions for a sustained reprici…
Deutsche Bank Says Copper Could Jump 50% to $22,050 a Ton by 2027
Deutsche Bank's Daniel Ghali forecasts copper could surge 50% to $22,050 a ton by mid-2027, as the US and China lock up 71% of global inventories while mine outages in Indonesia, Chile and Congo choke supply. The AI data-center buildout adds a separate, longer-running layer of demand underneath it.
Supply concerns in the copper market have entered a new phase. Deutsche Bank, noting a tightening of the free market for the metal due to inventories accumulated by the US and China, presented a remarkable price scenario for 2027. Production growth in China is also slowing sharply.
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