COPPER SEMINAR: Virtual-only events in 2020 highlighted nuances of copper mating season

March 12, 2021 / www.metalbulletin.com / Article Link

"Information gaps" caused by the shift to virtual events for major copper gatherings last year made annual negotiation of key copper contracts unprecedentedly challenging, industry executives said on a panel at Fastmarkets' Copper Seminar on Thursday March 11.

Key events including LME Week 2020, Asia Copper Week and Cesco Santiago were all held virtually last year due to travel restrictions to prevent the spread of the Covid-19 virus.
Normally annual talks start during LME Week in October and settle around November when the copper industry participants gather again in Shanghai for Asia Copper Week, while Cesco Santiago is traditionally the biggest gathering for key producers in Latin America in March.
     

"We started the mating season, but back then we did not have the clear view. We had very low exchanges of what people...

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