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

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. source: https://dailyhodl.com/2025/09/30/jpmorgan-chase-and-bank-of-america-forecast-higher-prices-for-copper-amid-sudden-supply-tightening-report/