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Copper supply growth to weigh on prices, says WoodMac

The strength in copper prices seen over the past 18 months is set to stall over the next few years as new projects come online, consultancy Wood Mackenzie said on Wednesday.

Copper supply growth to weigh on prices, says WoodMac Copper supply growth to weigh on prices, says WoodMac Copper supply growth to weigh on prices, says WoodMac Copper supply growth to weigh on prices, says WoodMac Copper supply growth to weigh on prices, says WoodMac

In its traditional pre-LME week metals outlook, WoodMac said the price of the red metal would cool "as the legacy of the last period of high prices back in 2017, which led to a high volume of projects