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‘Animal spirits’ are back in the copper market as supply disruptions, declining ore grades, and rising demand push prices toward $19,000–$22,000 per tonne, with long-term demand supported by electrification, defense, and global infrastructure growth.
Why copper smelters are holding strong despite tight margins and global supply pressures
The ferro-chrome supply chain has been reshaped in 2025 following deep production cuts in South Africa, prompting global producers to seek new sources and adapt to changing trade flows, with China’s growing chrome network partially offsetting the shortfall.
Trafigura chief executive officer Richard Holtum’s closing message onstage at the LME metals seminar was that processing capacity was more important than mining for national security
Browse our special interest content hubs to get deeper insights into the biggest issues across commodity markets
We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles. Find out how our price reporters and analysts assess and forecast prices in agriculture, forest products and metals
The definitive podcast for the critical minerals and battery raw materials markets. From uncovering market secrets to predicting future trends using Fastmarkets forecasting data, we’ve got you covered.
In Hotter Commodities, special correspondent Andrea Hotter cuts to the chase on the biggest stories impacting the natural resources sector, what it means for the markets, the key risks and opportunities.
Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • Hardwood Market Report • FastMarkets and more
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