Mood gloomy for copper despite red hot fundamentals

COPPER prices are at record levels, warehouse inventories are at record lows and a the supply deficit for the red metals is set to widen as electrification demand will eclipse China as the main demand driver in the coming years, which could be good news for Pacific-focused copper producers

Mood gloomy for copper despite red hot fundamentals Mood gloomy for copper despite red hot fundamentals Mood gloomy for copper despite red hot fundamentals Mood gloomy for copper despite red hot fundamentals Mood gloomy for copper despite red hot fundamentals

Copper leaders gather at CRU World Copper Conference in Santiago, Chile

Times have never been better for the copper sector, and yet the feeling at the 2022 CRU World Copper conference in Santiago, Chile last week was subdued.

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