Mining News

Fitch Solutions expects copper prices to ease on weakening fundamentals

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Credit risk and market research organisation Fitch Solutions retains its bearish outlook for copper prices this year, as fundamentals are expected to weaken in the coming months. It expects average copper prices to moderate from $9 285/t in 2021 to $9 200/t this year and to $8 700/t in 2023, before further tapering to $8 400/t in 2025.

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