Insight
Copper: Things to look for in 2023
This report is currently unavailable
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
Insight
China's commodity markets: 5 things to look for in 2017
We look ahead to what 2017 could have in store for China's commodity markets and discuss five factors that could surprise the markets.
$950
Insight
2024 guidance: upstream companies' capital budgets and production targets
Rolling company guidance tracker with 2024 investment plans and volume targets
$1,350
Insight
Lithium and cobalt: what to look for in 2019
In this report we look at some of the key events of 2018, and what to expect this year in the lithium and cobalt sectors.
$1,050