WANGUO MINING News

Touching $10,000 once again! Goldman Sachs sings “Doctor Copper”: Shortage of supply will push copper prices to $12,000 by the end of the year

Copper prices once surpassed 10,000 US dollars per ton, as investors increased their bets on the Fed's interest rate cut, and Goldman Sachs warned that supply pressure would increase.

Zhitong FinanceMay 7 20:34

Copper prices once again surpassed 10,000 US dollars, and Goldman Sachs fanned the flames: there is a risk of “out of stock”

Goldman Sachs raised its target price for Luntong to 12,000 US dollars per ton at the end of the year. Skeptics warned that this round of speculative increases may soon subside.

Golden10 DataMay 7 17:11

Is breaking through $10,000 just the starting point? Goldman Sachs raised the target price of copper: the average price will reach 15,000 US dollars next year

① Goldman Sachs raised its year-end copper price target from 10,000 US dollars per ton to 12,000 US dollars per ton, which means another 20% increase from the current price; ② Goldman Sachs also predicts that the average price of copper will rise to 15,000 US dollars in 2025.

cls.cnMay 7 17:01

A quick look at the Hong Kong market | The three major indices have collectively pulled back, and the science index fell more than 2% to 4,000 points; domestic housing stocks rose against the market, and Xincheng Development rose nearly 6%

Technology Network stocks generally fell; Bilibili fell more than 6%, Kuaishou fell nearly 5%, and Meituan fell nearly 4%; copper concept stocks strengthened, Wanguo International Mining rose nearly 10%, and China's nonferrous mining industry rose more than 4%.

Futu NewsMay 7 16:18

Changes in Hong Kong stocks | Wanguo International Mining (03939) rose more than 7% Goldman Sachs raised its copper price target to 12,000 US dollars/ton by the end of the year

Wanguo International Mining (03939) rose more than 7%. As of press release, it rose 6.71% to HK$7.95, with a turnover of HK$17.3966 million.

Zhitong FinanceMay 7 15:02

Express News | Goldman Sachs raised its copper price target by 20% to $12,000 per ton by the end of the year.

BreakingsMay 7 10:46

Goldman Sachs: To stimulate supply, copper prices need to rise to 15,000 US dollars

Goldman Sachs raised the forecast value for copper prices this year from 10,000 US dollars/ton to 12,000 US dollars/ton, indicating that copper prices must rise to 15,000 US dollars/ton next year to avoid a supply gap. Goldman Sachs expects the copper density of AI data centers to increase from 25 tons to 40 tons per megawatt.

wallstreetcnMay 6 13:03

Express News | Goldman Sachs raised its year-end copper target to $12,000 per ton

BreakingsMay 3 23:27

“Dr. Copper” is short in supply and “added to the blockage”: climate change will cause half of copper mines to face drought

Even under the optimistic 2050 low emissions scenario, more than half of the world's copper mines will be located in regions facing significant, high, or extreme droughts.

Zhitong FinanceApr 30 14:59

Express News | CITIC Securities: The current high copper price boom has not ended the whole year or is showing a trend of rushing back

BreakingsApr 29 08:26

After a lapse of two years, Luntong broke the 10,000 mark and the bulls shouted: only a 20% increase can supply be revived

① The price of three-month copper on the London Metal Exchange once rose more than 1.7%, returning above 10,000 US dollars per ton after a lapse of two years; ② analysts believe that the reason for the steady rise in copper prices is because outsiders speculate that it may be difficult for global mines to meet the upcoming wave of green industry demand.

cls.cnApr 27 01:36

萬國國際礦業：年報2023

Futu NewsApr 26 21:31 · Announcements

A new high in two years! “Dr. Copper” surpassed the 10,000 dollar mark

BlackRock and Goldman Sachs are expecting “the next stop for copper prices”: see you at $12,000!

Golden10 DataApr 26 20:12

“Doctor Copper” continues to soar! LME copper rises above 10,000 US dollars/ton, next stop is 12,000 US dollars?

The copper market supply and demand pattern is still expected to tighten

Gelonghui FinanceApr 26 18:50

Express News | CICC: Copper and oil prices are expected to remain high in the medium to long term

BreakingsApr 25 07:52

Express News | Goldman Sachs: Setting a 12-month target price for copper at $12,000 per ton, it still believes that the copper market is in the countdown phase of a shortage of refined metal supply. The target price for nickel is set at 15,000 US dollars/ton, and this y

BreakingsApr 25 05:45

Express News | CICC: External factors and supply clearance bring opportunities to the upstream resource industry, focusing on resource sectors such as gold, petroleum and petrochemicals, and non-ferrous metals

BreakingsApr 23 08:01

Attack on “Doctor Copper”! LME copper is charging towards $10,000...

As expectations for global economic recovery continue to increase demand for industrial raw materials, the price of copper is moving further towards a milestone mark of 10,000 US dollars after opening on Monday!

cls.cnApr 22 12:34

Copper prices “skyrocketed”, and Goldman Sachs and other institutions are “shouting” one after another! When will the inflection point arrive?

On the supply side, events such as rising US PMI, supply disruptions due to the drought in Zambia, discontinuation of production at Vale's Sossego copper mine in Brazil, and a decline in copper production in Chile will support prices in the near future.

Gelonghui FinanceApr 21 13:47

Express News | Goldman Sachs expects a “very serious” gap in refined copper supply

BreakingsApr 18 07:43