Copper Price news, page-745

Copper pricing:

A few things learnt whilst researching copper pricing trends about the red metal which may help:

1. Global liquidity is a factor which can dampen apetite. ie correlates. and is tightening.
2. Copper pricing is not forward looking, it trades on current supply/demand.
3. Copper supply is very tight and will get tighter quickly.
3a. Copper demand is suppresed atm but will increase due to many global factors, well known.
4. Correction in copper pricing has overshot and will rebound when supply crunch hits soon , not before.
5. Copper pricing is driven by supply cost base and is kept at reasonable levels by the market.
6. The supply crunch timeframe is within 1-2 years and has been confirmed by many analysts.
7. Many analysts believe copper pricing has bottomed and will rebound quickly as per above factors.
8. CYM will be subjected to all of the above which may affect timing of financing.
9. When things happen they will happen quickly based on supply analysis and offtake.
10. When China starts to ramp up offtake, thats the sign.

Hope this helps.

DYOR.