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Copper Price Forecasts

Energy & Metals Consensus Forecasts is the result of a comprehensive quarterly survey of over 30 of the world’s most prominent commodity forecasters covering over 25 individual commodity price forecasts including copper.

The only publication of its kind, Energy & Metals Consensus Forecasts contains detailed individual analyst and average (mean) price forecasts for the next 10 quarters as well as the long-term outlook.

Copper Price Forecasts Image

The publication has many practical uses including commodity investment analysis, risk management, corporate planning, and budgeting. The commodities covered have been selected for their global appeal and traded on prominent futures markets such as the London Metal Exchange (LME), New York Mercantile Exchange (NYMEX) and InterContinental Exchange (ICE). For example, the copper forecasts below are based on LME cash prices for Grade A copper.

Copper Price Forecasts From Survey of October 24, 2011
(US$/metric tonne)
Survey Date Spot Price US$7381/t Dec 11 Mar 12 Jun
12
Sep 12 % Change from spot Dec 12 Mar 13 Jun 13 Sep 13 Dec 13
Barclays Capital 8000 9000 9800 11000 49.0% Download the sample issue
Macquarie Bank 9250 9500 10000 10500 42.3% below to see the complete table
BREE 9544 10050 10050 10050 36.2% of forecasts, price charts,
RBS 9700 9744 9810 9943 34.7% and written analysis.
ANZ 8024 9424 9975 9755 32.2%
CPM Group 7670 8820 9790 9490 28.6%
Deutsche Bank 7850 8700 9000 9400 27.4%
Metal Bulletin Research 7600 8000 8800 9300 26.0%
Wilson HTM 8416 8852 8852 9253 25.4%
BIPE 7500 8000 8700 9200 24.6%
Credit Suisse 7496 8201 8907 9193 24.6%
BNP Paribas 8075 9300 9500 9075 23.0%
Econ Intelligence Unit 7761 8599 8819 9040 22.5%
Oxford Economics 7379 8089 8659 8972 21.6%
Societe Generale 7750 8200 8550 8600 16.5%
IHS Global Insight 7235 7985 8366 8481 14.9%
Citigroup 8500 7600 7850 8250 11.8%
Morgan Stanley 8929 8488 8378 8157 10.5%
BoA Merrill Lynch 6000 7500 9500 8000 8.4%
HWWI 7500 7700 7800 8000 8.4%
UBS 7275 7496 7937 7937 7.5%
Investec na 7055 7055 7496 1.6%
Prometeia 7558 7470 7332 7293 -1.2%
Consensus (Mean) 7955 8425 8845 8973 21.6%
High 9700 10050 10050 11000 -
Low 6000 7055 7055 7293 -
Standard Deviation 844 814 871 940 -

The table above shows a portion of copper price forecasts taken from the October 2011 issue of Energy & Metals Consensus Forecasts. A complete sample issue of the publication, which also includes Consensus Forecasts™ for Aluminium, Lead, Nickel, Tin and Zinc, as well as ferrous and precious metals, can be downloaded in PDF format by clicking the link below and registering your details.


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