-
The copper market is tighter than you think -- Scotia
Scotiabank just lifted its entire copper price deck and is openly flagging a near-term squeeze toward $7/lb. The bank's metals team led by Orest Wowkodaw dropped a 50-plus-page fundamental review Sunday with a title that doesn't bury the lede: the copper market is tighter than you think. Their read is that copper has "entered into a material multi-year net deficit position," and that the supply side has no realistic shot at filling it because of the extremely long lead times to build a mine. The new deck. 2026-2029 forecasts go to $5.95, $6.00, $5.75 and $6.00/lb — an average bump of 10% per year. They added a ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From kitco.com|3 hr agoIndia's silver imports plunged 87% in May from a year earlier to their lowest level in more than three years, government data showed on Monday, after the world's largest consumer ...
From kitco.com|4 hr agoThe gold market is seeing some solid follow-through buying at the start of the week, as prices have rallied more than 3% early in the North American trading session. The precious ...
From traderfeed.blogspot.com|4 hr ago|5 commentsA surprising percentage of the Market Wizards blew up at some relatively early point in their careers. They were immersed in markets and aggressive in their pursuit of opportunity ...
-
- Newer Stories
From kitco.com|1 hr 56 min agoGold and silver prices are rallying along with equities as markets digest the ceasefire deal between the United States and Iran, but elevated inflation is acting as a persistent ...
From @FirstSquawk|1 hr 42 min ago|15 commentsTRUMP ADMINISTRATION WEIGHS $300B FUND FOR IRAN IF ACCORD IS UPHELD. - FT
- Story Stats
- Jun 15, 3:26pm | 2 hr 42 min ago Posted byFundamental Analysis45
- Instrument:
