Copper Ore News at Linda Woodward blog

Copper Ore News. Copper prices are poised to hit $15,000 on the back of mining supply disruptions amid higher demand for the red metal. Copper continued its upwards charge, hitting the highest level since june 2022 as investors bet that curtailed ore supply will struggle to keep up with rising global demand. Chinese top copper smelters on wednesday came to a rare agreement to jointly embark on production cuts at some loss. Copper closed regular trading hours monday at $4.38 a pound or $9,656 a tonne, up 2% on the day bringing year. Copper price at fresh high as satellite data shows sharp chinese smelter cutbacks. A forecast surplus of copper going into 2024 has suddenly all but disappeared. The next couple of years were supposed to be a time of plenty for copper, thanks to a series of big new projects. Global copper producers benefited from robust china demand in 1h as decarbonization drivers offset a weak property. The massive overhang of copper in china is starting to work its way through the global market dynamics for the industrial metal, with. Copper smelters have come under increasing pressure this year, as a supply squeeze on copper concentrates — a partially processed.

Copper continued its upwards charge, hitting the highest level since june 2022 as investors bet that curtailed ore supply will struggle to keep up with rising global demand. The massive overhang of copper in china is starting to work its way through the global market dynamics for the industrial metal, with. Chinese top copper smelters on wednesday came to a rare agreement to jointly embark on production cuts at some loss. Copper prices are poised to hit $15,000 on the back of mining supply disruptions amid higher demand for the red metal. The next couple of years were supposed to be a time of plenty for copper, thanks to a series of big new projects. Global copper producers benefited from robust china demand in 1h as decarbonization drivers offset a weak property. Copper smelters have come under increasing pressure this year, as a supply squeeze on copper concentrates — a partially processed. A forecast surplus of copper going into 2024 has suddenly all but disappeared. Copper price at fresh high as satellite data shows sharp chinese smelter cutbacks. Copper closed regular trading hours monday at $4.38 a pound or $9,656 a tonne, up 2% on the day bringing year.

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Copper Ore News Copper price at fresh high as satellite data shows sharp chinese smelter cutbacks. Chinese top copper smelters on wednesday came to a rare agreement to jointly embark on production cuts at some loss. Copper prices are poised to hit $15,000 on the back of mining supply disruptions amid higher demand for the red metal. Copper continued its upwards charge, hitting the highest level since june 2022 as investors bet that curtailed ore supply will struggle to keep up with rising global demand. Copper closed regular trading hours monday at $4.38 a pound or $9,656 a tonne, up 2% on the day bringing year. Copper smelters have come under increasing pressure this year, as a supply squeeze on copper concentrates — a partially processed. The next couple of years were supposed to be a time of plenty for copper, thanks to a series of big new projects. The massive overhang of copper in china is starting to work its way through the global market dynamics for the industrial metal, with. Copper price at fresh high as satellite data shows sharp chinese smelter cutbacks. A forecast surplus of copper going into 2024 has suddenly all but disappeared. Global copper producers benefited from robust china demand in 1h as decarbonization drivers offset a weak property.