MMC 7.24% 81.5¢ mitre mining corporation limited

higher cu demand data, allows cu fee increase

  1. 226 Posts.
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    http://www.bloomberg.com/news/2013-11-20/codelco-said-to-raise-china-copper-fee-41-as-demand-increases.html

    I was under the impression that cu surplus would prevail during 2014, this article implies the opposite, customers are prepared to pay higher fee's as they are expecting supply shortages.

    Hopefully a sign that CU prices are on the way up, sooner than hoped, this can only help the likes of Marengo.
 
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