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61numberSECTOR BRIEFINGDBS Asian Insights DBS Group Research May 2018Copper And Its Electrifying FutureDBS Asian InsightsSECTOR BRIEFING 61Copper And Its Electrifying FutureEun Young LEE Equity Analyst.

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“Our outlook for 2023 and 2024 is: when you get a dip in copper prices, it's something to have in your portfolio. There is just not enough supply. And when we look at everything that's happening in the environmental space, the renewables, everything, copper is a key component.

Experts predict that demand for copper could soon outpace supply. A report from S&P Global forecasts that global demand for the metal could double by 2035, from 25 million metric tons to 50 million metric tons. By 2030, supply from both existing and projected copper mining activities will meet just 80% of our needs.

Copper is 'the new oil' and could reach $15,000 by 2025 as the world transitions to clean energy, Goldman Sachs says - LubChem.

Copper is 'the new oil' and could reach $15,000 by 2025 as the world transitions to clean energy, Goldman Sachs says - LubChem.

“We believe copper prices will remain under pressure until the global growth outlook starts to improve,” ING writes. “Tight supply will then become the key focus for the market, which should support prices above $8,000/t in the last quarter of 2023.”

On 26 September 2022, analysts at Fitch Solutions revised down their forecasts, suggesting copper could average $8,800 a tonne in 2022 and $8,400 in 2023.

Global refined copper demand is projected to almost double from just over 25 MMt in 2021 to nearly 49 MMt in 2035, with energy transition technologies accounting for about half of the growth in demand.

These factors have led us to downgrade our forecast concentrate surplus to 268,281 tonnes in 2023. * We have upgraded our London Metal Exchange three-month, or LME 3M, price forecast for 2023 to $8,882/t on the expectation that global copper demand will strengthen from April.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232