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Sogosohubidu201on May 31, 2019 11:41am
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Copper market faces larger shortages, supply issues simmer
Copper market faces larger shortages, supply issues simmerhttps://www.reuters.com/article/us-metals-copper-idUSKCN1T014H
“This year we’re forecasting a refined metal deficit of about 270,000 tonnes,” said BMO Capital Markets analyst Kash Kamal. “The tight concentrate market can be seen in treatment charges which on a spot basis are currently below $60 a tonne compared with $95 in December.”