# Citi predicts copper surging to record highs — load up on copper miners

_AI-generated trading idea · LONG · COPX, FCX_

> Canonical page: https://commonquant.ai/research/for-you/citi-predicts-copper-surging-to-record-highs-load-up-on-copp--653269e9-d1a8-417a-903b-3710140218a7

Analysts at Citigroup just predicted that the price of copper will surge to $15,000 per metric ton over the next year, pointing to tight supplies and strong demand.

## Idea

Major banks like Citi don't call for record-high commodity prices unless they see a massive shift in supply and demand. Because copper is a crucial metal for everything from construction to electric vehicles, a surge in its price means the companies that mine it will make significantly more money. Buying a basket of copper mining companies is a simple way for regular investors to ride this expected wave higher.

## Key details

- Symbols: COPX, FCX
- Timeframes: D1
- Tags: \#commodities, \#metals

## Community

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## News sources

- [Citi turns bullish on copper with forecast of $15,000 per ton within a year — here's why](https://www.cnbc.com/2026/06/01/citi-bullish-copper-forecast-metals-prices.html) — CNBC

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