https://www.bloomberg.com/news/arti...er-on-steroids-as-trump-slump-belies-shortage
Copper Prices Are About to Go on Steroids, Citi Says
Bloomberg News
July 2018 5:15 PM
- Recent rout opens up long-term buying opportunity, bank says
- Prices may top $9,000 next decade as supply growth slows
“Prepare for a decade of Dr. Copper on steroids,” analysts including Max Layton and Tracy Liao wrote in a July 17 note. The bank sees average annual prices at $8,000 a metric ton in 2022, passing $9,000 a ton by 2028 under its baseline scenario. The metal, often viewed as a barometer of world economic health, closed Tuesday at $6,152 a ton in London.
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Last
0.7¢ |
Change
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Mkt cap ! $21.37M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $6.259K | 894.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 8422115 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4413118 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2726570 | 0.009 |
8 | 2365000 | 0.008 |
3 | 665000 | 0.007 |
2 | 1570000 | 0.006 |
2 | 700000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 5962481 | 3 |
0.011 | 799200 | 4 |
0.012 | 1183333 | 3 |
0.013 | 850076 | 4 |
0.014 | 7415000 | 5 |
Last trade - 12.36pm 26/11/2024 (20 minute delay) ? |
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