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| HSI1 | 24,842.67 | +124.57 | 283.35B |
| HSCEI1 | 8,375.74 | +1.31 | 84.06B |
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2026-06-12 12:17:46 Copper prices skyrocketed to a new peak in early May before ebbing amid risk-off sentiment, HSBC Global Investment Research said in its report. Despite the pullback, copper prices will remain at elevated levels, backed by resilient end-user demand, ongoing supply disruptions, and new uncertainties arising from potential US trade measures. As a result, it raised its average copper price forecast for 2026 by 6% to USD6.12 per pound, increased its 2027 forecast by 7% to USD5.81 per pound, and lifted its 2028 forecast by 3% to USD5.3 per pound, while maintaining its projections for 2029-30 and the long term unchanged. ~ AASTOCKS Financial News Website: www.aastocks.com | |