HomeNon-ferrous MetalsBase metals Goldman Sachs expects copper price to break all-time high in 2022 Goldman Sachs has predicted that copper's remarkable price surge is set to continue next year and could break records because of resurgent demand and capped supplies. Analysts led by Nicholas Snowdon project a 12-month price target of $9,500 per tonne next year, up from a $7,500 per tonne projection previously, with a 2021 average price forecast of $8,625 per tonne. "This current price strength is not an irrational aberration, rather we view it as... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Archie Hunter December 01, 2020 18:23 GMT London Keywords Goldman Sachs Nicholas Snowdon copper price Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}