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Copper Price Forecast

The latest copper price forecasts from the best analysts around the globe. What analysts expect for the copper price in the future.

Goldman Sachs Research estimates that copper’s fair price is around $11,500 per tonne, close to their price forecast of $11,200 per tonne for the fourth quarter of 2026. (1-23-2026)

Citi lowers it’s 0-3 month copper price forecasts to $8,000/T. (4-7-2025)

Citi is bullish on copper, expecting a price increase to $12,000 per tonne by 2025. This positive forecast for copper is driven by factors such as below-trend mine supply growth and rising demand, particularly from China’s accelerating energy transition. (6-14-2024)

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