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Copper Demand to Outstrip Supply: BloombergNEF
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Why This Matters
Copper demand is expected to surge to 50 million tonnes in the next 25 years, outpacing supply, and driving copper prices to a new record high, fueled by Chinese stimulus measures and US stockpiling.
Market Impact
Market impact analysis based on bullish sentiment with 77% confidence.
Sentiment
Bullish
AI Confidence
77%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Kwasi Ampofo, analyst at BloombergNEF, says demand for copper is going to rise to about 50 million tonnes from 30 million tonnes in the next 25 years, and that miners will struggle to supply the market. Copper prices climbed to a new record Monday, spurred by Chinese stimulus measures and US stockpiling amid tight global supply. Ampofo speaks on Bloomberg Television.
Original article published by
Bloomberg
on December 8, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.