SHANGHAI, Mar 9 - Huatai Securities released a research report saying that in 2023, China is expected to enter the recovery channel.
From March to April, the operating rate of downstream processing enterprises will rise rapidly. The supply and demand pattern of copper and aluminium may improve, so the company is optimistic over the business investment opportunities for copper and aluminium resources.
The degree of refined aluminum production restrictions in 2023 may become a key factor influencing the market, and the supply and demand in the next two years are expected to continue to improve.
The copper supply shortage in 2024-2025 years may move into a glut.
