Fastmarkets predicts a globalhashtag copper deficit of 300,000 tonnes of concentrate in 2024, a significant shift from the projected surplus just two months ago. The shutdown of First Quantum's Cobre Panama and reduced production guidance from Anglo American and Vale are the primary drivers of this change. Non-economic factors can quickly turn markets, especially in the copper concentrate market. Learn more about the fiercer competition and earlier-than-expected supply tightness in the copper concentrate market in 2024 here:
https://www.fastmarkets.com/insights/fiercer-competition-in-copper-raw-material-market-amid-earlier-than-expected-supply-tightness-in-copper-concentrate-market-2024-preview/
Good job American West has tons of copper on the horizon.
Big STORM coming
GLTH
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $72.47M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $107.5K | 771.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 515000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 202749 | 2 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
-0.005 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 14.5¢ | 13.5¢ | 665000 | ||
| Last updated 15.56pm 13/05/2024 ? | |||||
| AW1 (ASX) Chart |