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Copper Price Forecasts

Energy & Metals Consensus Forecasts is the result of a comprehensive bi-monthly (6 times per year) survey of over 30 of the world’s most prominent commodity forecasters covering over 25 individual commodity price forecasts including copper.

The only publication of its kind, Energy & Metals Consensus Forecasts contains detailed individual analyst and average (mean) price forecasts for the next 10 quarters as well as the long-term outlook.

Copper Price Forecasts Image

The publication has many practical uses including commodity investment analysis, risk management, corporate planning, and budgeting. The commodities covered have been selected for their global appeal and traded on prominent futures markets such as the London Metal Exchange (LME), New York Mercantile Exchange (NYMEX) and InterContinental Exchange (ICE). For example, the copper forecasts below are based on LME cash prices for Grade A copper.

Copper Price Forecasts From Survey of October 20, 2014
(US$/metric tonne)
Survey Date Spot Price US$6615/t Dec 14 Mar 15 Jun
15
Sep 15 % Change from spot Dec 15 Mar 16 Jun 16 Sep 16 Dec 16
ANZ 6806 7047 7291 7436 12.4% Download the sample issuebelow to see the complete table of forecasts, price charts, and written analysis.
Capital Economics 6600 6700 7000 7200 8.8%
Citigroup 7050 7040 7100 7200 8.8%
Wilson HTM 6878 6945 7055 7165 8.3%
Morgan Stanley 7055 7121 7165 7143 8.0%
CIMB Group 7000 7000 7100 7100 7.3%
Euromonitor Int'l 6739 6765 6923 7076 7.0%
Econ Intelligence Unit 6990 7000 7200 7000 5.8%
Investec 6677 6834 6834 6944 5.0%
Prometeia 6748 6696 6709 6910 4.5%
BIPE 6980 7000 6980 6880 4.0%
CPM Group 6833 6925 6790 6865 3.8%
Commonwealth Bank 6834 6875 6800 6831 3.3%
BofA Merrill Lynch 6650 7010 7054 6746 2.0%
Numis 6724 6614 6724 6724 1.6%
Deutsche Bank 6900 6750 6750 6650 0.5%
Oxford Economics 6568 6561 6587 6620 0.1%
RBC Capital Markets 6899 6614 6614 6614 0.0%
Liberium Capital 6938 6612 6612 6612 0.0%
BREE 6750 6850 6700 6550 -1.0%
Credit Suisse 7000 6900 6700 6500 -1.7%
Macquarie Bank 6691 6479 6420 6499 -1.8%
UBS 6614 6393 6393 6393 -3.4%
IHS Global Insight 6725 6585 6459 6309 -4.6%
BNP Paribas 6735 6600 6450 6300 -4.8%
China Int'l Capital Corp 6450 6400 6410 6290 -4.9%
Societe Generale 6770 6500 6250 6000 -9.3%
Consensus (Mean) 6800 6771 6780 6761 2.2%
High 7055 7121 7291 7436 -
Low 6450 6393 6250 6000 -
Standard Deviation 158 216 283 346 -

The table above shows a portion of copper price forecasts taken from the October 2014 issue of Energy & Metals Consensus Forecasts. A complete sample issue of the publication, which also includes Consensus Forecasts™ for Aluminium, Lead, Nickel, Tin and Zinc, as well as ferrous and precious metals, can be downloaded in PDF format by clicking the link below and registering your details.


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