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copper price forecasting

Copper price forecasting involves predicting future copper prices based on factors like economic growth, supply and demand, production costs, and market trends. Analysts analyze data such as global manufacturing activity, infrastructure projects, and geopolitical events to identify patterns and potential shifts. This helps investors, producers, and consumers make informed decisions. While forecasts are educated estimates, uncertainties remain due to changing economic conditions and unexpected events, so predictions are always subject to some level of risk.