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Well folks, What are you thinking about an average copper-price...

  1. 597 Posts.
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    Well folks,

    What are you thinking about an average copper-price for FY2016?
    IMO Copper will just have an avg. of 2.10/lb (FY2016) because of such latest news:

    China - Copper's paying the price:
    http://www.mining.com/chinese-factory-jobs-are-disappearing-coppers-paying-the-price/

    Iran - They will pushing copper production from 200kt to 2Miokt:
    http://www.mining.com/iran-says-talks-rio-glencore-copper-projects/

    USA - Fed for a rate hike?
    http://www.marketwatch.com/story/feds-tarullo-sounds-in-no-hurry-to-raise-interst-rates-2016-06-02

    DRC - peacefull election 2016?:
    http://en.africatime.com/republique...rc-clergy-urge-kabila-speak-electoral-process

    There are also some opionions that the copper price may return to 2.50/lb (YE'16) - really?
    Last edited by MagicSeven: 03/06/16
 
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