Jefferies Group Adjusts Base Metals Price Forecast for 2023

SEATTLE (Scrap Monster): Jefferies Group predicts that copper price will be $4.10 per pound in 2023, and $4.75 per pound in 2024.

Jefferies forecasts aluminium prices at $1.07 per pound in 2023, $1.20 per pound in 2024, and $1.33 per pound in 2025.

Jefferies raised its 2023 nickel price forecast to $9.89 per pound from $9.81 per pound.

Jefferies sees zinc prices at $1.38 per pound in 2023 and $1.48 per pound in 2024.

 Courtesy: www.news.metal.com