No Data
No Data
No Data
No Data
No Data
The “short supply” logic continues to ferment, LME copper prices soar to the highest point since June 2022
LME copper futures prices continued to rise and hit their highest level in 22 months.
Zhitong FinanceApr 12 05:48 ET
Tight supply+optimistic Chinese demand, BMI increases this year's copper price forecast to 9,200 US dollars
BMI Research, a research institution owned by Fitch Solutions, raised its 2024 average copper price forecast from 8800 US dollars/ton to 9,200 US dollars/ton due to tightening supply prospects and the overall weakening of the US dollar's strength.
Zhitong FinanceApr 11 07:03 ET
Supply prospects are tightening, copper prices are close to a 15-month high
As supply tightens and global manufacturing picks up, copper prices are close to a 15-month high.
Zhitong FinanceApr 9 02:23 ET
Everbright Securities: Rapid development of data centers or intensification of copper shortages, optimistic that copper prices will continue to rise
Although data centers have little impact on copper demand, the annual increase in supply is already comparable to the gap between supply and demand, and may exacerbate copper shortages, and it is optimistic that copper prices will continue to rise.
Zhitong FinanceApr 5 05:04 ET
Copper prices are close to a 14-month high Goldman Sachs expects global supply to experience a “huge deficit” in the second quarter
Copper prices are close to their highest level since January last year, as investors' concerns about global iron ore supply and possible production cuts in Chinese smelters are growing.
Zhitong FinanceApr 5 04:40 ET
Societe Generale Securities: Strong expectations of scarce copper supply coexist with reality of high inventories and weak demand
The sustainability of the strong expectations of “Federal Reserve interest rate cut+tight copper mines+recovery in demand” since March has yet to be verified.
Zhitong FinanceApr 2 22:18 ET
No Data
No Data