Copper was and still is in backwardation, which basically implies a tight immediate market with loosening in the future price curve... if a lot of supply came online, this could reduce / invert.
In summary, as long as the copper market structurally remains the same, it wouldn't result in liabilities (unless prices spike and we have to adjust MTM values on BS).
Copper was and still is in backwardation, which basically...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.29 |
Change
-0.260(2.46%) |
Mkt cap ! $4.716B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.43 | $10.20 | $18.89M | 1.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5963 | $10.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.33 | 4849 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |