Trading Giant Expects Copper Prices To Hit Record High
Mar 24, 2023,
”Currently, copper is trading at $9,000 per ton but, according to Trafigura’s co-head of metals and minerals Kostas Bintas, it could rise to its previous record of $10,845 per ton and even top it to trade at $12,000 per ton.”
"On copper, the forward outlook is extraordinarily positive. We'll be at the lowest observable inventories that have ever been recorded at 125,000 tonnes. We have peak supply occurring in 2024...Near term we put (the copper price) at $10,500 and longer term our price target is $15,000 a tonne," the head of commodities at Goldman, Jeffrey Currie, said.
https://oilprice.com/Latest-Energy-...Expects-Copper-Prices-To-Hit-Record-High.html
Kind regards,
Trading Giant Expects Copper Prices To Hit Record High Mar 24,...
-
- There are more pages in this discussion • 10 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 ARV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $22.93M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $1.28K | 104.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2917120 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1995674 | 6 |
View Market Depth
| Last trade - 15.57pm 03/07/2024 (20 minute delay) ? |
| ARV (ASX) Chart |