According to CoinMeta, Citibank has lowered its copper price forecast for the next 0-3 months from $14,500 per ton to $13,300 per ton, and expects a surplus in the copper market in 2027 and 2028. Previously, Citibank held a neutral stance on copper prices, forecasting them to be between $14,000 and $15,000 per ton in the short term, and expected that copper supply growth would be stronger in 2027.