Copper Price Projections 2024. Copper’s versatile applications and robust demand shape a complex global market outlook for 2024, with stable prices in the us, a mild recovery in china, and weak conditions in europe, while q4 forecasts suggest upward price. Finance.yahoo reports that goldman sachs expects a deficit of 0.5 million tonnes.
The economy forecast agency experts predict a decline in the value of copper by up to 8% for the next month. Copper prices with may delivery traded at $4.323 per pound in new york as of wednesday morning, extending gains after settling at its highest level since june.