A Perfect Storm and Copper Bottomed Squeeze – by Jill Baker

by Jill Baker That so many analysts have been caught napping as the copper price ‘unexpectedly’ broke to new highs is something of a surprise, particularly given the compelling economic drivers that have been clearly signalling a supply squeeze for some years. Copper is thought to be the first metal humans discovered, dating back well […]

Reuters – Iron ore outlook is finely balanced as supply picks up, China demand holds up

by Clyde Russell The price of iron ore is increasingly poised between a recovery in supply from exporters and still-robust demand from top importer China on the back on stimulus spending driving steel consumption. The return of supply, particularly from number two shipper Brazil, would in normal circumstances be a bearish indicator. But if 2020 […]