Commodity Market Report
Global copper short-term outlook August 2023
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
After peaking at the start of the month, three-month copper prices traded to lows of US$8,120/t by 17 August, as bearish sentiment reasserted itself amid thin summer markets. Expectations are that as the US and European economies cool, there will be limited headroom to keep raising interest rates and that this will lend support to the demand outlook. In the meantime, a weakening dollar has helped to underpin prices over the second half of the month to trade closer to the US$8,400/t level.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
From Ban to Quotas? Impacts and outlook of DRC cobalt export scrutiny
Please find out analysis and outlook on the DRC cobalt export scrutiny.
$1,050
Insight
Global auto supply chains polarised by rare earth restrictions
The automotive industry faces a shortage of rare earth magnets due to China's export restrictions, which particularly affects EVs.
$1,050
Asset Report
Xinhengfeng aluminium smelter
Xinhengfeng smelter owns captive power plants taking advantage of rich coal resources in Inner Mongolia.
$2,250
