Copper

Each publication contains detailed individual analyst and average (mean) price forecasts for the next 8 quarters, as well as the long-term outlook for the upcoming 10 year period. This is complemented with in-depth graphical and written analysis.

In addition, Energy and Metals Consensus Forecasts features a closer look at changes in the macroeconomic outlook in the world’s major economies, and a selection of currency forecasts taken from our Foreign Exchange Consensus Forecasts publication.

Energy and Metals Consensus Forecasts

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).

Forecast Coverage for Copper

Copper is an extremely ductile metal, and a good conductor of heat and electricity.  It is used heavily in electrical industries and often combined with other metals (e.g. precious metals such as gold and silver) to form alloys. Moreover, copper is highly important for renewable energy systems. The price forecasts featured in our publication are based on:
  • Copper LME cash price - Grade A, fob

Copper Price History

The chart below illustrates the trend in Copper (LME) prices since January 2011, measured in US$/T. Copper Price Chart LME

Consensus Forecasts for Copper

The sample table below has been extracted from our October 2019 survey, showing individual and consensus price forecasts for Copper. The publication includes forecasts for more than 30 other commodities, and the accompanying Excel file includes individual panellist forecasts for all commodities featured in Energy and Metals Consensus Forecasts. Copper Price Forecasts Consensus Survey

Copper and Coverage of Other Commodities

A complete sample issue of a recent publication, which also includes Consensus Forecasts™ for Alumina, Nickel and Lithium, as well as other non-ferrous, ferrous and precious metals, can be downloaded by clicking below. If you have any questions, please contact us at Consensus Economics.