Commodity Market Report
Global copper short-term outlook June 2022
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
The past couple of months has seen significant volatility in the copper price and across the commodities complex. Energy prices have continued to push higher while most industrial metals have fallen. Instability has prevailed across these markets, initially as a result of the war in Ukraine and the impact on demand in China due to Covid-19 restrictions, but more recently amid growing recessionary fears in the rest of the world. However, visible inventories are low while persistent supply disruptions should provide some support to prices, particularly if shorts are forced to cover their positions.
Table of contents
-
Supply-demand balances
- Asia ex-China
- South Korea
- India
- Europe
- Poland
- Concentrate markets
- China concentrate markets
- Blister/anode and scrap markets
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
-
LME 3-month prices - highs and lows (US$/t)Managed money CFTC positionsManaged money LME positions
-
Commodity price changes since the start of 2022Commodity price changes since their peaks in 2022Price forecasts and world quarterly supply-demand balance (kt)Inflation hit a nearly 14-year high in May 2022Production and shipments of copper wire rod and copper semis - ktGlobal quarterly refined copper consumption - ktConcentrate market TCRCsGlobal copper-in-concentrate stock changes (kt Cu)2022 Planned maintenance for Chinese smelters
- 12 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Insight
Fibres sustainability feed
Wood Mackenzie’s fibres sustainability outlook – a live feed of our latest research
$900
Asset Report
Vale Sudbury nickel operation
A detailed analysis of the Vale Sudbury nickel operation.
$2,250
Insight
Nigeria offers 50 blocks in 2025 bid round: spotlight on discovered resource opportunities
Nigeria launched its 2025 licensing round on 1 December, marking the country’s third bid round since 2022.
$1,350
