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Copper is one of the most commonly used of the base metals, and when in high demand, copper is a reliable indicator of our economic health. But its importance isn’t confined to electrical wires and thermal conductors.
Copper also plays a vital role in the rise of renewable energies and the production of electric vehicles, helping us transition to a low-carbon economy.
Our team of experts provides global and local data-driven insights, prices, forecasts and market news to help you make sense of the forces influencing the copper market. Our expert analysis provides critical insights to help you predict future trends for win-win outcomes in your contract negotiations.Inquire about our copper market analysis and price data
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As copper prices reach record highs and analysts warn of ‘unsustainable deficits’, we explore the key trends shaping the copper market:
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Copper prices on the London Metal Exchange fell below the key $6,500 mark following the tumble in crude oil prices before rallying back slightly in Asian trade on Friday November 28.
Nickel prices rose above $16,000 on the London Metal Exchange on Wednesday November 19 on a wave of short covering and amid fresh assurances that Indonesia will keep its ban on ore exports.
Glencore is the only remaining bidder looking to buy Doe Run Peru’s assets as the auction enters its final stage, Metal Bulletin understands.
The longer I spend looking at commodity markets, the more I wonder how many people actually understand what makes them behave as they do (and for the avoidance of doubt, I include myself in that non-comprehending majority).
Swedish miner and smelter Boliden will launch a standalone nickel smelting business to buy concentrates externally and sell nickel matte, as it moves away from its existing tolling model, the company said on Monday November 10.
Metal Bulletin’s editor Alex Harrison looks back over the main stories of the week.
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