Long-term copper price forecast 2030 analyses rely on demand outstripping supply, with potential price spikes during mining labor disputes or energy crises. Spot market dynamics reinforce upward pressure on the red metal’s value. Suppose data centers, clean energy, and the electrification-of-everything trend will drive copper prices higher over the long term. In that case, investing in a copper miner makes sense, and Freeport-McMoRan stands ideally placed. HVACR to be fastest-growing application segment of copper tubes market during forecast period Copper price forecast 2030 analysis from commodity desks factors rising extraction costs into models, predicting that capital expenditures will keep upward pressure on prices throughout the decade.
