Copper Market on Edge: Production setbacks at major Copper mines are raising supply concerns. Indonesia’s Grasberg mine remains closed, and Chile’s El Teniente mine reported a nearly 10% drop in August output, highlighting ongoing disruptions in global Copper supply.
copper demand
Copper Demand Continues to Outstrip Supply | Neal Bhai
Copper Demand: In the late-August copper price forecast update it was noted that “the shifting narrative around the supply-demand picture has created an opportunity whereby copper traders may be able to retake the pandemic uptrend, which would keep intact the prospect of a multi-month bull flag forming – and if viable, another jaunt to all-time highs.”