Goldman's Currie Expects 50% Rise in Copper Prices

The video discusses a significant copper deficit expected in the next three years, which is anticipated to drive prices up by 50% to $15,000 per ton. Despite this forecast, current market conditions, including a weak property market in China, have kept prices lower. The video emphasizes the low inventories and limited production capacity, highlighting substantial upside risks in the market.

How does the weak property market in China affect copper prices?

What is the significance of the low inventories and limited production capacity in the copper market?