AW1 13.9% 9.9¢ american west metals limited

Copper Macro Thread, page-217

  1. 2,472 Posts.
    lightbulb Created with Sketch. 635
    I'm not making this post to debate politics, but if the LNG is anything to go by, poorly applied sanctions benefit Russia and do not punish them.

    I tried to make my post as factual as possible and take any emotion out of it.

    You won't see copper prices accelerate faster for the sanction reason, but you'll see a lot of market inconsistencies arise as a result.
    Copper prices will accelerate due to other factors though, such as these:

    https://edition.cnn.com/2024/04/15/business/china-q1-gdp-growth-intl-hnk/index.html
    https://www.mining.com/web/chile-port-workers-stage-protests-threatening-commodity-exports/
    https://www.mining.com/kamoa-kakulas-first-quarter-copper-production-hits-86203-tonnes/
    https://www.thehindubusinessline.com/companies/indias-copper-demand-is-likely-to-witness-robust-double-digit-growth-in-2024-mayur-karmarkar/article67828729.ece

    Amongst many other things. It's just a perfect storm on both the supply and demand side.
 
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