Macquarie: Copper to Face Potential Rising Inventory in Short Term

Published: Nov 29, 2017 09:05

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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.

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Macquarie copper

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