“We see the writing on the wall of some changes that could be taking place in the copper market. However, at this point, we're not necessarily at a point where we can call for that yet.”
“Copper prices fell because processors are reluctant to buy now, and demand on the spot market is not as strong as we'd expected.”
“The bull case on copper has grown even more compelling over the last month. Sentiment in the copper market has been boosted by yet more disruption to production.”
“Copper is often perceived to be the barometer for market conditions and therefore a significant fall in copper prices could remove speculative support from other metals.”
“Our revision does not guarantee that the copper market moves to surplus, but it does suggest the market is coming closer into balance.”
“The zinc market is going to become as tight as copper. Every speculator is buying zinc now.”
“The copper market is very tight. All you need is a strike or an accident at a mine for the prices of the metal to shoot up.”
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