Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Pulse, Metals and Minerals more

Copper fundamental outlook: 2012 deficit may hit 200,000 tonnes

Posted on 04 October 2011

As LME Copper prices tumbled to lows of $7000/tonne, uncertainty is the trend of the market. On the supply-demand side, copper market may be in a deficit of 200,000 tonnes in 2012 and prices could average $9850/tonne next year.
Supply-Mines face prospects of increased worker’s strikes which could severely curtail production. This has been evident in recent strikes at Escondida and Freeport mines. Output has also suffered from snowstorms and other bad weather……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031