Copper

Learn more about copper and view copper price charts

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.
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Inform your base metals strategy with metals price forecasts and analysis for the global base metals industry

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Market-reflective copper price data spanning the copper supply chain, from copper concentrates and copper wire to copper scrap

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Featured report

What’s ahead in the copper market? 

As copper prices reach record highs and analysts warn of ‘unsustainable deficits’, we explore the key trends shaping the copper market:

  • How copper demand growth is being spurred by the energy transition
  • Copper production forecasts and the struggle to keep up with demand
  • Copper recycling and predictions for the future
  • Data on forecast copper deficit
  • The emerging challenges for copper smelters
  • Whether current copper trends can be sustained

Acess the full report here

What’s happening in the copper market?

A wave of investment is washing across China for the construction of new copper smelting capacity, intensifying the competition to acquire raw materials to feed the rapidly growing number of furnaces, Fastmarkets heard on Thursday May 11

China’s post-pandemic recovery stimulus bolstered its rapid economic recovery which will likely have a positive impact on copper price forecasts in 2023

Codelco will continue to grow organically by developing its vast copper reserves and existing mining base instead of pursuing mergers and acquisitions (M&A)

Current copper prices are appropriate, based on existing supply-demand fundamentals, the chief executive officer of Chilean miner Antofagasta has said

Copper demand so far has been unaffected by uncertain macroeconomic outlook, but volatility and issues around financing need to be monitored, Patricio Hidalgo, chief executive officer of Anglo American Chile, says

An increase in mergers & acquisitions (M&A) activity in the copper sector was inevitable but did not form a central part of the strategy of Freeport-McMoRan, its chairman and chief executive officer has told Fastmarkets

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