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Home / Metal News / Macquarie: Copper to Face Potential Rising Inventory in Short Term

Macquarie: Copper to Face Potential Rising Inventory in Short Term

Nov 29, 2017 09:05

Source:SMM

Lynn Zhao, Macquarie analyst says, the main risk in the upcoming three months is that China’s refined copper supply is increasing but demand is slowing down.

SHANGHAI, Nov.29 (SMM)－Lynn Zhao, Macquarie analyst says, the main risk in the upcoming three months is that China’s refined copper supply is increasing but demand is slowing down, leading of refined copper inventory rising, China’s GDP growth in 2018 will slow down. Real estate industry is the biggest risk to China’s entire bulk stock demand.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Macquarie

copper

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