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The copper balancing act

Weak Chinese demand growth, plus falling supply costs hinders red metal price rise

Mining Journal
Weak demand and sustained supply has led Deutsche Bank to predict lower copper prices for 2016

Weak demand and sustained supply has led Deutsche Bank to predict lower copper prices for 2016

While 2015 saw some 600,000 tonnes of mined copper capacity come off stream, the bank did not view this curtailment in supply as sufficient to switch the market back into a deficit situation. “On the...

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