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

Find out how we assess and forecast prices for the global metals market

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?

Here are five Fastmarkets MB stories you might have missed on Tuesday February 12 that are worth another look.

Comex copper prices rallied for the third straight session on Thursday February 7 with the market growing more optimistic on the red metal’s prospects through the first quarter.

Here are five Fastmarkets MB stories you might have missed on Friday February 1 that are worth another look.

Copper concentrate treatment and refining charges (TC/RCs) dropped further at the end of January, with smelters in China breaking away from the quarterly procurement price floor amid an outlook for a tightening in supply later this year.

Further weakness in China’s Caixin manufacturing purchasing managers’ index (PMI), that fell to 48.3 in January from 49.7 in the prior month, was enough to dent confidence in the base metals market this morning, Friday February 1, with prices for the most part weaker as a result.

A joint venture between Trafigura and a Saudi Arabian company will start building a major copper, zinc and lead smelter complex in Saudi Arabia approximately one year from now, a company source has confirmed with Fastmarkets.

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