Re: Copper 02 (Nov 12 - Dec 18)
Posted:
Sat Sep 08, 2018 4:29 am
by winston
Copper is WoodMac’s favored metal because shareholders aren’t giving a mandate to mining companies to invest in supply.
“Built into the DNA of copper is rising prices over the medium term,” Kettle says.
Source: Bloomberg
Re: Copper 02 (Nov 12 - Dec 18)
Posted:
Sun Dec 15, 2019 7:44 am
by winston
Copper - Higher; US$2.78 from US$2.66 from US$2.64;
a. Higher inventories at LME
b. China - 50% of global consumption
c. China - Lower Power Grid demand
Re: Copper 02 (Nov 12 - Dec 21)
Posted:
Tue Jun 09, 2020 5:47 am
by investar
Re: Copper 02 (Nov 12 - Dec 21)
Posted:
Thu Jun 25, 2020 8:32 pm
by investar
copper may be set for a bumper 3Q:
-huge green and digital stimulus programs
-supply disruptions are likely to boost demand for new copper projects
-recovery in prices has been driven by consumption rather than speculation
-improved expectations and "favorite industrial metal for the next 6 to 12 months" at Morgan Stanley
https://www.cnbc.com/2020/06/24/coronav ... rally.html
Re: Copper 02 (Nov 12 - Dec 21)
Posted:
Wed Jul 08, 2020 6:33 am
by investar
Will Copper really dominate the 2020s?
https://www.kitco.com/news/2020-07-02/T ... ilver.htmlFor Copper and Uranium, I invested in micro cap junior explorer Powerore (PORE.V in Canada at 6 cents). That stock has potential to become a twenty-bagger in the next five years.
For Helium, I follow GTLS and APD
Re: Copper 02 (Nov 12 - Dec 21)
Posted:
Mon Jul 27, 2020 7:25 am
by winston
China's imports of copper concentrate from the United States hit their highest in June since September 2018
China's imports of copper concentrate from the United States hit their highest in June since September 2018, customs data showed yesterday, as smelters made the most of a trade detente to purchase tariff-free metal earlier this year.
China, the world's top copper consumer, imported 30,734 tonnes of US copper concentrate last month, according to the General Administration of Customs. That accounted for 1.93 percent of its total June copper concentrate imports of 1.59 million tonnes.
The intensifying China-US tensions had squeezed copper concentrate imports to China since late 2018, although Chinese firms had been allowed to apply for exemption on tariffs since March, with at least two cargoes of copper concentrate from the US due to arrive in mid-June.
Source: Reuters