21.07.2009 - Copper market to be in deficit by 2011 - RBS
From Mineweb.com: In a recently published analysis, Royal Bank of Scotland (RBS) declares, "We believe that future copper mine capacity growth will barely suffice." "We have long argued that the last copper bull market was at least as much supply as demand driven, especially in the latter stages," RBS metals analysts said. "Many of the factors that limited the supply response to the then higher copper price persist and recession has exacerbated some of the constraints.".......Full Article: Source
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