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Panelists Tout Copper's Long-term Fundamentals — Is Now a Good Time to Invest?

From investingnews.com

Copper prices were relatively flat in 2023, a trend that is expected to continue into 2024. With that outlook in mind, how should investors be approaching the market? Experts at this year's Vancouver Resource Investment Conference (VRIC), held from January 21 to 22, took the stage to share their thoughts. The consensus was that copper supply will becoming increasingly challenged in the coming years as demand increases, with consumption from industries related to the energy transition building on the metal's traditional industrial uses. This growing imbalance is expect to support copper prices, and is also seen ... (full story)

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  • Category: Fundamental Analysis