2025 Base Metals
"If the Chinese real estate market were to post a recovery, this would see domestic demand for copper tick higher and could lead to a tighter supply and demand balance overall, assuming all other things remain unchanged. This would underpin even higher prices than we are currently projecting"
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OUTLOOK REPORT
2025 Base Metals
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OUTLOOK REPORT
2025 Base
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Key factors driving base metals prices in 2025
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Zinc led the base metals sector with strong performance in 2024, while copper saw impressive gains. 2025 brings political and economic uncertainty that could impact base metals greatly, but also an anticipated increase in interest in the space.
Zinc led the base metals sector with strong performance in 2024, while copper saw impressive gains. 2025 brings political and economic uncertainty that could impact base metals greatly, but also an anticipated increase in interest in the space.