Post by
Krishak5 on Apr 05, 2024 4:59pm
Morgan Stanley on copper:
Morgan Stanley on copper: "The multi-year copper supply deficit is materialising. In mid-2023, our house assumed that the copper market would be in slight surplus in 2024 and 2025. Due to widespread copper concentrate supply disruptions and delays in the commissioning of new mining projects, the balance of copper supply has changed rapidly and our commodities team now forecasts a deficit for 2024 and a significantly higher deficit for the rest of the decade."