LME WEEK 2021: Another year of supply deficit to support copper prices in '22


Source: metalbulletin.com metalbulletin.com

Key Topics in this News Article:

News Snapshot:

Home LME WEEK 2021: Another year of supply deficit to support copper prices in '22 Fastmarkets analyst Boris Mikanikrezai and reporter Yasemin Esmen size up the copper market ahead of LME Week, which begins Monday October 11. While copper had a good start to the year, benefiting from the broad reflationary trade that lifted all the metals, it has come under pressure since its peak in May mainly due to a deterioration in the macroeconomic environment. The peak in copper prices came at the same time as the United States dollar started to bottom out, and slightly after the G3...