6 Reasons Why Copper Prices Bouncing Back
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Transcript of 6 Reasons Why Copper Prices Bouncing Back
- 1. #6 REASONS Why Copper Prices Are Bouncing Back ?
- 2. #1 CHINA MARKET REOPENS : INCREASED PHYSICAL BUYING
- 3. #2 DROUGHT IN CHILE: 40,000-60,000T ESTIMATED SUPPLY DISRUPTION
- 4. #3 INCREASING DEMAND: WORLD DEMAND TO CLOCK 12% ESTIMATED INCREASE
- 5. #4 LOWER PRICES MAY LEAD TO FURTHER PRODUCTION CUTS
- 6. #5 PHYSICAL PREMIUMS : SHANGHAI COPPER PREMIUMS RISING SINCE NOV 2014
- 7. #6 LOWER CRUDE OIL TO BOOST ECONOMIC HEALTH ACROSS THE GLOBE BOOSTING DEMAND FOR THE METAL