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Key issues for 2020: supply disruptions, water shortages - less complex concentrates - smelter closures - industry consolidation - range-bound market - tight markets for scrap and blister - depressed acid prices.

The market for PV is booming, but prices for PV-generated power are decreasing, leading to increasing cost pressures.

See also our webinar on this report, in partnership with IEA-PVPS: https://www.youtube.com/watch?v=Ph9AW2PEgBg

"Analysts say that further demand for copper will come from electric vehicles, which use four times as much of the metal as traditional cars. But they say this will play out over the next few years, leaving the trade war as the most important influence on copper prices in 2020".