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JPMorgan Chase and Bank of America Forecast Higher Prices for Copper Amid Sudden Supply Tightening: Report

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Bank of America has upgraded its forecast on copper as supply and demand dynamics begin to favor the red metal. BofA is projecting copper to hit $11,313 per ton in 2026, $13,501 in 2027, and then a final rally to $15,000 per ton, The Wall Street Journal reports. [adinserter.

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