Supply Disruptions to keep Copper’s Price Outlook Positive
Analysts have made upward revisions of their forecasts for the price of copper in 2026 after a number of incidents at major mines deepened concerns about market deficits. Benchmark copper contracts on the LME reached their highest price in 17 months this October after news filtered through regarding production disruptions in Congo, Chile and Indonesia. Dubbed ‘Doctor Copper’ due to its role as an indicator of global economic health, copper has appreciated 25% thus far in 2025. These gains are expected to be retained in the course of next year as the full impact of the production disruptions filter through…