Current Market Situation and Price Development
- The copper price shows dynamic movements in 2025. In June, the price was about $4.85 per pound, with a tendency toward sideways movement. However, forecasts indicate potential price increases above $5 per pound.
- At the Comex in New York, the copper price exceeded $11,300 per ton in June, corresponding to an increase of more than 3% within a trading day.
- If the $5.75 per pound mark is broken, medium-term prices between $7.50 and over $10 could be reached.
Reasons for the Price Increase
- Rising Demand from E-Mobility: Electric vehicles require significantly more copper than traditional vehicles, driving demand.
- Growing Importance of AI Technologies: Servers and AI devices require large amounts of copper to ensure efficient power supply.
- Supply Shortages: Regional bottlenecks and looming import duties could further restrict copper availability.
Long-Term Perspectives
Long-term prospects are positive. Forecasts indicate that the copper price could reach twice the current level by 2030, making it an attractive investment.
Conclusion
The current copper boom is driven by technological megatrends such as e-mobility and AI. These developments offer investors opportunities for significant returns and long-term profits.