Goldman Sachs: Copper Prices Expected to Rise to $10,200 per mt in Q4 This Year

Published: Mar 22, 2025 17:44

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On Friday, March 21, Goldman Sachs maintained its optimistic forecast for Q4 2025 copper prices at $10,200/mt in a report, citing strong electrification demand and slowing mine supply growth.

For more updates on the copper industry chain, you are welcome to attend the CCI 2025SMM (20th) Copper Industry Conference and Expo hosted by SMM from April 22-25, 2025, in Nanchang, Jiangxi.CCI 2025SMM (20th) Copper Industry Conference and Expo~

Over 3,000 industry elites, representatives from upstream and downstream enterprises of the copper industry chain, government officials, industry associations, third-party equipment, logistics and warehousing, as well as experts from universities and research institutions will gather together. The conference covers the entire copper industry chain, including mining, smelting, copper processing, trade, recycling, and end-use applications.

At the event, over 100 exhibitors will showcase the latest copper processing and smelting equipment, high-quality raw material suppliers, new-type copper-based materials, and other cutting-edge achievements in the copper industry, highlighting innovation and vitality.

The conference features a variety of activities: the main forum focuses on global copper market trends, raw material supply, policy impact analysis, and market direction interpretation. Sub-forums delve into specific areas such as electrical transmission and distribution, secondary copper, copper-based new materials, hardware and plumbing, and ESS, discussing hot topics in the industry; during the conference, there will also be a two-day field trip to 12 representative copper industry companies with a total capacity of 1 million mt. Sharing cutting-edge technologies and valuable experiences, the event aims to promote the upgrade of the copper industry chain and drive high-quality development in the sector.

CCI 2025SMM (20th) Copper Industry Conference and Expowill help you grasp the pulse of the industry, expand your network, and discover business opportunities! SMM sincerely invites you to join us in Nanchang, Jiangxi, from April 22-25, 2025, to usher in a new era of copper and plan for new developments together!

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

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