Copper Market Poised for Unprecedented Growth
2023-06-15”In an interview with Bloomberg last week, Max Layton, Citi’s managing director for commodities research, said he believes now is an ideal time for investors to buy, as the price of copper is still muted on global recession concerns. The red metal is currently trading around $8,300 a ton, down approximately 26% from its all-time high of nearly $11,300, set in October 2021”.
Excerpt:
”According to Layton, copper could top out at $15,000 a ton by 2025, a jump that would “make oil’s 2008 bull run look like child’s play.” ”
Kind regards.
Copper, page-10
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $28.75M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $38.88K | 2.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4321751 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 159655 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ARV (ASX) Chart |