According to a Reuters survey, analysts expect copper prices to continue their upward trend in 2010, and significantly revised their mid 2010 copper price forecasts because they believe that financial incentives will boost demand for base metals
Although copper prices rose and price forecasts were raised, some analysts warned that the consequences would be serious if a more stable macro environment could not be achieved
The survey collected forecasts from 28 metal analysts in the past three weeks. The median estimate shows that the average copper price in 2010 will be $6446 per ton, 25% higher than the estimate surveyed in July
