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Targeting $14K For Copper: Max Layton
Market Intelligence Analysis
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Why This Matters
Citi's Max Layton is bullish on copper, expecting the price to reach $14,000 a ton, following a recent rally that broke through $13,000 a ton for the first time.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Copper extended a powerful rally after bursting through $13,000 a ton for the first time. Citi's Global Head of Commodities Research Max Layton said that he is staying bullish on copper in the near-term and is targeting copper price around $14,000 a ton now. He discussed his outlook on "Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)
Original article published by
Bloomberg
on January 6, 2026.
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Analysis and insights provided by AnalystMarkets AI.