Macro uncertainty and supply disruptions underpin price volatility: Copper 2024 in review

Copper prices soared to a record high at close to $11,000 per tonne in early 2024, before tailing off in the latter half of the year on growing macroeconomic uncertainty – stemming primarily from China’s uneven economic performance. The year saw a marked disconnect between the copper concentrate and refined copper markets. Late 2023 and […]