Copper: Rebound to persist

October 02, 2018 / www.metalbulletinresearch.com / Article Link

In this week’s analysis, we aim at identifying the major positive and negative forces at play in the copper market to better assess our outlook for Q4 2018 and beyond.

The positives

The global refined copper market recorded a deficit in June, for the third consecutive month, amounting to 45,500 tonnes, according to the ICSG. In January-June, the cumulative deficit totaled 51,500 tonnes, mine production expanded by 5.1%, refined production increased by 1.8%, and consumption rose nearly 1%, on a yearly basis. The impact on copper spot prices was counterbalanced by the rise of ~212,000 tonnes or 50% in exchange inventories...

ACCESS RESTRICTED

To read the rest of this analysis please take a free sample or subscribe


FREE Sample


Receive a free sample of  market analysis and price forecasts.

Free Sample

SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.

Subscribe

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok