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Benzinga
Benzinga
Business
Stjepan Kalinic

Copper To Enjoy Structural Bull Run, Bank of America Lifts Targets

Bank of America copper BAC United States
Shanghai,,China,-,March,19,,2019:,Bales,Of,Copper,Wires

Bank of America (NYSE:BAC) has upgraded its copper price forecasts, warning that the global supply squeeze is deeper and more persistent than previously thought.

The combination of resilient demand, depleted stockpiles, and enduring mine disruptions leaves the market primed for new records.

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