Just out, 6 hrs ago, Sat, 30 Mar 2024:
"FINANCIAL TIMES: Traders bet on supply squeeze pushing up copper prices."
https://twitter.com/OrocoCorp/status/1774146303855079593
"Delivery in June is $8,832, $105 more expensive than spot. But many traders are placing BETS on supply SHORTAGES as production cuts by miners begin to take effect. Goldman Sachs has predicted copper prices will hit $10,000 per tonne by year end on robust Chinese demand and the on-going supply-side shock. Morgan Stanley in a note, predicting $10,200 per tonne copper price by 3rd Qtr."
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- Solgold: Jiangxi Copper of China ups to 6.022% from 5.16% ,16.6.23 Ann
Solgold: Jiangxi Copper of China ups to 6.022% from 5.16% ,16.6.23 Ann, page-134
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