Copper: 5 things to look for in 2017
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Report summary
The copper market has been characterised as one of ample supply and elevated global stocks, registering its sixth consecutive year of surplus and declining annual average prices in 2016. The outlook for 2017 is, however, somewhat brighter. Slower supply growth and a moderate improvement in the rate of increase in global demand are expected to help lead the copper market into deficit this year, while global metal stocks are set to decline. This will drive annual average prices higher and should also encourage more scrap back into the system. Within this insight we analyse some of the key market drivers for 2017, as well as potential risks to our outlined view.
Table of contents
- Executive Summary
- Is 2017 the year that the copper price starts to recover?
- Trump or China – what will drive demand growth in 2017?
Tables and charts
This report includes 2 images and tables including:
- Copper balance and prices 2000-2017
- Copper: 5 things to look for in 2017: Table 1
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