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Copper on the precipice: Barclays

The copper market is on the precipice of severe market tightness due to strikes in Chile and Peru and disruptions in Indonesia, according to Barclays.

Copper on the precipice: Barclays Copper on the precipice: Barclays Copper on the precipice: Barclays Copper on the precipice: Barclays Copper on the precipice: Barclays

Barclays says the copper market is on the precipice

“We think that the copper market is on the precipice of severe market tightness resulting from supply outages, but it is not there yet,” Barclays analyst Dane Davis said in a note on Friday.