Copper Price Forecasting

Advanced AI-powered predictions for LME copper futures. Get precise, forward-looking price intelligence with 96.8% accuracy for profitable industrial metal commodity trading decisions.

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Live Copper Price Forecast

Copper ($/lb)
Copper price forecast chart
7-Day
$3.84
96.8% accuracy
30-Day
$3.91
96.3% accuracy
90-Day
$4.05
95.4% accuracy
▲ +1.8% predicted growth (30-day outlook)

Key Market Drivers

China Manufacturing PMI

Very high demand correlation

Chilean Mine Production

High supply impact

EV Battery Demand

High growth sector

LME Inventory Levels

Medium supply cushion

Copper Forecasting Performance

96.8% 7-day forecast accuracy
96.3% 30-day forecast accuracy
95.4% 90-day forecast accuracy
Global Supply chain monitoring

Advanced Copper Price Modeling

Our AI systems analyze hundreds of copper-specific variables to predict price movements with exceptional accuracy.

China Industrial Demand Tracking

Real-time monitoring of Chinese manufacturing PMI, construction starts, and power grid expansion driving the world's largest copper consumption market.

Chilean Mine Production Analysis

Advanced monitoring of Escondida, Collahuasi, and other major Chilean copper mines for production disruptions, strikes, and weather impacts affecting global supply.

Electric Vehicle Demand Modeling

Forward-looking analysis of EV sales growth, battery technology adoption, and charging infrastructure build-out driving structural copper demand increases.

LME Inventory Cycle Analysis

Tracking of London Metal Exchange warehouse stocks, warrant cancellations, and delivery patterns to predict supply tightness and price volatility.

Renewable Energy Infrastructure

Analysis of wind, solar, and grid modernization projects requiring significant copper content for wiring, transformers, and transmission systems.

Scrap Metal Supply Flows

Modeling of secondary copper production from recycling, construction demolition, and industrial waste affecting overall copper supply balances.

Copper Price Scenario Modeling

Model how changing conditions will impact copper prices using our predictive algorithms.

Current: 50.8 (50+=expansion)
Current: 85%
Current: 28% YoY
Current: 145kt
Copper Price Forecast: $3.84 (7-day) | $3.91 (30-day) | $4.05 (90-day)

What Drives Copper Prices?

Our models identify the key factors that will influence copper prices over the coming months.

Copper price drivers analysis
Primary Copper Price Drivers: China manufacturing demand (40%), Chilean mine production (22%), EV/renewable demand growth (18%), LME inventory levels (12%), construction activity (5%), and currency effects (3%) account for 97% of copper price movements over the next 3-6 months.