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The Copper Monthly Metals Index (MMI) surged by 10.6% for this month’s reading, as the copper price has soared to a record high. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. Copper prices reach record highs Last month, MetalMiner’s Stuart Burns dissected various views on the copper market after prices had retraced from a February peak of around $9,600 per metric ton. Would the price go up or would it languish? As he noted, banks held differing opinions, with Goldman Sachs being particularly bullish on the red metal. “JP Morgan is forecasting copper prices to peak at $9,000 per ton this quarter and slide back to $7,865 per metric ton over the second half of the year,” Burns wrote last month. “It argues more plentiful mine supply will take the steam out of the copper market.

France generalMetalminer linkedinMetalminer stuart burnsInternational energy agencyJp morganGoldman sachsInternational copper study groupCopper monthly metals indexStuart burnsParis agreementCritical mineralsClean energy transitionsபிரான்ஸ் ஜநரல்ஜ்ப் மோர்கன்கோல்ட்மேன் சாக்ஸ்சர்வதேச தாமிரம் படிப்பு குழு