Copper – Dec 2024 Price Prediction. 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. Copper's usage in evs, wind, and solar energy has no replacements, and its attraction to investors as a vital green commodity will sustain higher prices in the coming years.
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. Mine closures and disruptions have rapidly changed the landscape for copper supplies and prompted analysts to lower their forecasts for surpluses in a positive signal for.