Goldman Sachs expects that market to run a small supply deficit this year!

Goldman Sachs, which previously predicted that the market would have a deficit of 147 thousand tonnes, reduced this expectation to 93 thousand tonnes.

Continuing to predict a modest deficit for 2024, Goldman Sachs lowered its expectation from 201 thousand to 155 thousand.

Goldman Sachs, which also predicts that the copper price on the LME will continue to accelerate upwards, stated its targets for 6-12 months as 8,900-10,000 dollars/tonne.

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