2023 Copper Outlook Report (Updated!)
Find out what experts say is ahead for copper in 2023!
The Investing News Network (INN) spoke with analysts, market watchers and insiders about which trends will impact this industry in the year ahead.
Table of Contents:
A Sneak Peek At What The Insiders Are Saying
|“Most, if not all, the reports I've seen have been talking about a large (copper) deficit looming in the not-too-distant future. If you combine a deficit with the lengthening of the timelines to bring on production, there's some very optimistic price forecasts for copper."
— Rob McEwen, McEwen Mining
|"(Copper) prices exceeded our expectations in 2022, propelled higher in part by constrained supply growth against a backdrop of low visible inventories."
— Karen Norton, Refinitiv
|"While in the short term, macro headwinds and recession fears are likely to put downward pressure on the copper market, the long-term fundamentals are looking more supportive amid low visible stocks, supply disruptions and expectations of a China recovery."
— Ewa Manthey, ING
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