JP Morgan: Copper Prices to Weaken to $5,000 by Year-End as Ore Supplies Grow-Shanghai Metals Market

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JP Morgan: Copper Prices to Weaken to $5,000 by Year-End as Ore Supplies Grow

Industry News 10:50:43AM Jun 13, 2017 Source:SMM

SHANGHAI, Jun. 13 (SMM) – JP Morgan analyst expects copper prices are expected to fall to $5,000 yuan per tonne by the end of the year as ore supplies grow, according to wenhua.com.

JP Morgan analyst Natasha Kaneva said the likelihood of additional supply interruption caused by labor issue is low. Copper ore production will increase 2.1% on a yearly basis during April-December. 

SMM Analysis: Why China Unwrought Copper and Copper Semis Imports Jump 30% in May?

Nepal’s First Ultra-Large Copper Mine Discovered, Ore Grade Extremely High

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

JP Morgan: Copper Prices to Weaken to $5,000 by Year-End as Ore Supplies Grow

Industry News 10:50:43AM Jun 13, 2017 Source:SMM

SHANGHAI, Jun. 13 (SMM) – JP Morgan analyst expects copper prices are expected to fall to $5,000 yuan per tonne by the end of the year as ore supplies grow, according to wenhua.com.

JP Morgan analyst Natasha Kaneva said the likelihood of additional supply interruption caused by labor issue is low. Copper ore production will increase 2.1% on a yearly basis during April-December. 

SMM Analysis: Why China Unwrought Copper and Copper Semis Imports Jump 30% in May?

Nepal’s First Ultra-Large Copper Mine Discovered, Ore Grade Extremely High

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.