Copper Price Forecast December 2025: LME Near $12,000 as AI Demand, Tariff Flows and Supply Shocks Drive Volatility
Copper is closing out 2025 with the kind of price action usually reserved for crisis commodities: sharp rallies, sudden air pockets, and a market that looks tight in some places and oddly comfortable in others. Midway through December, London Metal Exchange (LME) copper is still trading at historically elevated levels after repeatedly printing new highs this month—supported by supply disruptions, policy-driven shifts in global inventory, and a fresh narrative that “AI infrastructure is the new mega-demand driver.” Lme+1 So what’s the most realistic copper price forecast for December 2025—not next year, not “the decade of electrification,” but the final stretch