Jan 6th, 2026

Copper Could Hit $14,000 a Ton, Max Layton Says

Copper extended a powerful rally after bursting through $13,000 a ton for the first time. Citi's Global Head of Commodities Research Max Layton said that he is staying bullish on copper in the near-term and is targeting copper price around $14,000 a ton now. He discussed his outlook on "Bloomberg Markets" with Scarlet Fu.