Currently viewing Global edition

Copper warning

The threat of a trade war which would slow global growth might not be the only bump appearing in mining’s recovery road with a recent research report questioning a widely-held assumption that copper, the bellwether of metals, is heading for a production deficit and a higher price.

Copper warning Copper warning Copper warning Copper warning Copper warning

The opposite seems more likely, according to the highly-regarded investment bank, Credit Suisse, which reckons that copper is heading for surplus this year and a price fall.

If correct, ...