Copper price forecast 2030 this outlook is based on historical

This outlook is based on historical correlation between copper demand and emerging economy infrastructure spending trends. The Zacks Consensus Estimate for FCX’s 2025 sales and EPS implies a year-over-year rise of 6.7% and 18.2%, respectively. The EPS estimates for 2025 have been trending higher over the past 60 days. After arriving at the total market size from the estimation process above, the overall market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated by using both the top-down and bottom-up approaches and primary interviews. Hence, for every data segment, there are three sources: the top-down approach, the bottom-up approach, and expert interviews. The data was assumed correct when the values arrived from the three sources matched. Economic modeling anticipates copper prices to trend higher through 2030, reflecting both increased consumption and constrained mining capacity. Analysts note copper’s correlation with manufacturing PMI, suggesting sustained bullish conditions if PMI stays above