銅カソード：世界経済の大動脈 エネルギー転換の心臓部 世界が求める戦略金属 豆知識 by SO OK TRADING

世界通貨戦争：ドル強勢―バーツ下落、しかしタイは均衡を失わず

Copper prices are expected to remain elevated and bullish in 2026, driven by strong demand from the green energy transition (EVs, renewables, grid upgrades) and persistent mine supply constraints/disruptions, with forecasts generally placing prices in the $10,000 to over $12,000 per tonne range, although some analysts foresee a slight cooling to $10,000-$11,000 as market balances tighten. Key factors include IRA spending, AI infrastructure needs, constrained new mine supply, and potential Chinese economic recovery, creating tight markets despite some projected minor surpluses. Key Price Predictions (2026): Goldman Sachs: $10,000 - $11,000/tonne range, averaging $10,710/tonne in H1 2026. J.P. Morgan: Averaging around $12,075/tonne, with potential spikes to $12,500/tonne in Q2. Bank of America: Average of $11,313/tonne, with potential for $15,000/tonne spikes. UBS: $11,000/tonne by Sept 2026. World Bank: Average of $9,800/tonne. Bullish Drivers: Energy Transition: Massive demand for grid expansion, EVs, and renewable infrastructure. AI Infrastructure: Increased demand for data centers. Supply Deficit: Mine disruptions (Grasberg, Kamoa-Kakula, etc.) and difficulty bringing new mines online. China: Potential economic rebound acting as a catalyst. Potential Headwinds/Volatility: Policy-induced Surpluses: E.g., from IRA incentives or scrap availability. Stronger USD: Can weigh on commodity prices. Slower Demand: If China's recovery falters. Overall Outlook: Expect a tight market with strong underlying demand, leading to high prices, but with significant volatility due to policy shifts and mine output fluctuations. The market is moving towards a structural deficit, supporting higher prices long-term

銅カソード（Copper Cathode） は、従来の一般的な工業用金属から脱却し、AI時代とクリーンエネルギーの戦略的金属へと役割を変えつつあります。 2026年から2030年にかけて、世界は重要な転換点を迎えます。データセンター、電気自動車（EV）、再生可能エネルギーがこれまで以上に大量の銅を必要とするからです。 一方で世界的な供給は逼迫し、銅価格は歴史的な高値に達し、「グリーンカッパー」が産業の新しい標準となりつつあります。 SO OK TRADINGは、世界の銅市場の動向を分析し、ASEANにおけるPCB生産拠点およびEVハブとしてのタイの役割を詳しく掘り下げます。 この戦略的金属がデジタル経済とクリーンエネルギーをどのように牽引していくのか——その答えは記事本文でご確認ください。