Copper Price Outlook 2024. That should eventually send prices soaring to $15,000 per ton, he predicted. Rising demand driven by the green energy transition and a likely decline in the u.s.
Copper’s versatile applications and robust demand shape a complex global market outlook for 2024, with stable prices in the us, a mild recovery in china, and weak conditions in europe, while q4 forecasts suggest. Fundamentals have shifted due to labor disputes, environmental protests and swings in demand, with the price of a metric ton fluctuating within a $1,500 range before.