S and P lifts copper forecasts

STEADY demand, tight supply and limited output growth have led Standard and Poor’s Global Ratings to lift its forecasts for copper and iron ore.

S and P lifts copper forecasts S and P lifts copper forecasts S and P lifts copper forecasts S and P lifts copper forecasts S and P lifts copper forecasts
S and P had previously forecast copper to average US$6100 per tonne in 2019, but has upgraded that to $6500/t.
 
The 2020 forecast has been lifted from $6300/t to $6700/t.