---
title: "Citi Cuts Three-Month Copper Forecast to $13,300 per Tonne, Sees Surpluses in 2027 and 2028"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304678910.md"
description: "According to Jin10, Citi lowered its copper price forecast for the next three months to $13,300 per tonne from $14,500 and expects copper market surpluses in 2027 and 2028. Citi had previously held a neutral view on copper, forecast a short-term price of $14,000-$15,000 per tonne, and expected stronger copper supply growth in 2027."
datetime: "2026-11-06T18:25:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304678910.md)
  - [en](https://longbridge.com/en/news/304678910.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304678910.md)
generator: "portal-rs"
---

# Citi Cuts Three-Month Copper Forecast to $13,300 per Tonne, Sees Surpluses in 2027 and 2028

According to Jin10, Citi lowered its copper price forecast for the next three months to $13,300 per tonne from $14,500 and expects copper market surpluses in 2027 and 2028. Citi had previously held a neutral view on copper, forecast a short-term price of $14,000-$15,000 per tonne, and expected stronger copper supply growth in 2027.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**