Insight
Copper: Things to look for in 2023
Report summary
2022 saw another year of significant price volatility, as copper traded above US$10,000/t. Uncertainty will drive volatility again in 2023, especially with visible exchange stocks at multi-year lows. How the Chinese economy unfolds following its rapid reopening and any implications on the global economy will shape demand, as will further inroads into the energy transition. Mine supply is set to rise at pace this year, however the operating environment in major producing countries remains challenging. In this Insight, we present some of the major factors that will be key in the copper market for 2023.
Table of contents
-
Overview
- Unpredictable economic recovery in China.
- Exchange stocks at multi-year lows will underpin market volatility.
- Demand growth reinforced by the energy transition in RoW.
- Mine supply is set to rise in 2023
- but with significant downside risks.
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
13 January 2023
Steel: 5 things to look for in 2023
Insight
Steel: 5 things to look for in 2023
Will macro challenges and cost pressures ease? Will China pull itself together? Will Russia/Ukraine war permanently disrupt trade flows?
$1,05019 January 2023
Cobalt: 5 things to look for in 2023
Insight
Cobalt: 5 things to look for in 2023
In this Insight, we look at 5 topics that could underpin the cobalt market in 2023
$1,05016 December 2022
CCUS: 4 things to look for in 2023
Insight
CCUS: 4 things to look for in 2023
2023 will be the year that CCUS moves from niche concept to mainstream investment theme.
$1,050
