Table 4.
Metal price forecast results for the 2022–2030 period for aluminum, copper, lead, and iron
| Aluminum | Copper | Lead | Iron | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Damped | Damped | Damped | Damped | |||||||||
| Date | Forecast | Lower limit 95% CI | Upper limit 95% CI | Forecast | Lower limit 95% CI | Upper limit 95% CI | Forecast | Lower limit 95% CI | Upper limit 95% CI | Forecast | Lower limit 95% CI | Upper limit 95% CI |
| 2022 | 2286.33 | 1602.80 | 2969.86 | 9496.53 | 7164.39 | 11,828.68 | 2185.55 | 1499.6 | 2871.48 | 182.95 | 139.86 | 226.05 |
| 2023 | 2310.79 | 1470.70 | 3150.89 | 9696.89 | 6398.83 | 12,994.95 | 2229.99 | 1345.4 | 3114.50 | 195.54 | 123.15 | 267.93 |
| 2024 | 2335.25 | 1363.49 | 3307.02 | 9897.05 | 5857.80 | 13,936.30 | 2274.15 | 1227.9 | 3320.34 | 201.84 | 102.62 | 301.05 |
| 2025 | 2359.72 | 1272.09 | 3447.34 | 10,097.0 | 5432.90 | 14,761.13 | 2318.01 | 1131.8 | 3504.18 | 204.98 | 81.99 | 327.98 |
| 2026 | 2384.18 | 1191.89 | 3576.47 | 10,296.7 | 5082.14 | 15,511.42 | 2361.58 | 1050.1 | 3672.99 | 206.56 | 62.43 | 350.68 |
| 2027 | 2408.64 | 1120.15 | 3697.13 | 10,496.3 | 4783.99 | 16,208.71 | 2404.88 | 979.09 | 3830.66 | 207.35 | 44.25 | 370.44 |
| 2028 | 2433.10 | 1055.10 | 3811.10 | 10,695.7 | 4525.66 | 16,865.80 | 2447.88 | 916.14 | 3979.63 | 207.74 | 27.41 | 388.07 |
| 2029 | 2457.56 | 995.51 | 3919.61 | 10,894.9 | 4298.82 | 17,491.00 | 2490.61 | 859.68 | 4121.54 | 207.94 | 11.76 | 404.12 |
| 2030 | 2482.02 | 940.49 | 4023.55 | 11,093.8 | 4097.67 | 18,090.12 | 2533.06 | 808.56 | 4257.56 | 208.04 | − 2.86 | 418.93 |