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Copper Could Hit $14,000 a Ton, Max Layton Says

Copper extended a powerful rally after bursting through $13,000 a ton for the first time. Citi's Global Head of Commodities Research Max Layton said that he is staying bullish on copper in the near-term and is targeting copper price around $14,000 a ton now. He discussed his outlook on "Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)