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 deal struck between the European Union and South America’s Mercosur trading group will boost trade between the two blocs in non-ferrous metals and related products, Fastmarkets heard on Tuesday July 2.

China’s Zijin Mining is an interested party in Korea Resources’ offtake from the Cobre Panama copper mine, the only major greenfield project to hit the market this year and the next, four informed sources told Fastmarkets.

Despite China’s ban of low-quality copper scrap imports since the beginning of 2019, the volume of copper units contained in scrap imports has defied expectations by rising in the first five months of this year.

Here are five Fastmarkets MB stories you might have missed on Friday June 28 that are worth another look.

Unionized workers at Codelco’s Chuquicamata copper mining and smelting complex in Chile have accepted the company’s offer of a new labor contract, union officials said in the early hours of Thursday June 27.

A gallery collapse at Glencore’s Kamoto Copper Company in the Democratic Republic of Congo has killed 19 people, the company said in a filing on the London Stock Exchange on June 27.

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