https://newsletter-mw.creamermedia.com
Lausanne|Traxys|Copper|London Metal Exchange|Mark Kristoff
||||
lausanne|traxys|copper|london-metal-exchange|mark-kristoff

Copper to hit $15 000/t within three years - Traxys CEO

Copper sheets

Photo by Bloomberg

22nd April 2026

By: Reuters

  

Font size: - +

LONDON - Copper prices may not move higher this year, but will probably hit a record $15 000/t within three years, the head of trading firm Traxys said on April 22.

"I think we'll see higher copper and maybe not by the end of this year," said Traxys CEO Mark Kristoff.

"But in the next 24 to 36 months, I think we'll see $15 000/t copper," he told the Financial Times Commodities Global Summit in Lausanne.

Benchmark three month copper on the London Metal Exchange was trading at around $13 300/t on April 22 after touching a record peak of $14 527/t on January 29.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ALBIS FLANGES (Pty) Ltd
ALBIS FLANGES (Pty) Ltd

ALBIS FLANGES — founded in 1965 — is a petro-chemical approved manufacturer of flanges and fittings in most grades of steel, listed with Sasol,...

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
10th June 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.064 0.138s - 115pq - 2rq
Subscribe Now