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STTrading weekend thread 13th and 14th of April 2024, page-11

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togakure

7,340 Posts.

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12/04/24

19:31

Post #: 73322653
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Originally posted by Kangagirl: ↑

"With the 2024 calendar year upon us, we have updated our expectations for short–term supply–demand balances (where a surplus means rising inventories and a deficit means inventories running down). We now see refined copper in deficit and a very tight situation in copper concentrate (solid Chinese end–use demand, a reduced drag from the West, the abrupt closure of Cobre Panama and other operational shortfalls, new Chinese smelting capacity coming online), which is considerably better than expected six months ago, when a moderate refined surplus seemed likely. "

Interesting read thanks

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anyone want to put some charts up ?

AAR,AGE,AIS,AMN,ANX,ARD,ATH,AUN,AW1,AWJ,BCN,CEL,COE,CVV,CXM,CYM,DTM,E25,EXR,GNX,IMA,JMS,LOM,MAH,MEI,MMI,MZZ,PNR,RXM,SHN,SRZ,TNC,WIA,XAM

Last edited by togakure: 12/04/24
7 Upvote

0 Great analysis

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