“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 prices fell because processors are reluctant to buy now, and demand on the spot market is not as strong as we'd expected.”
“We believe that copper prices could remain unusually high for the next 6-12 months and should continue to generate extraordinary earnings for copper producers.”
“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.”
“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.”
“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.”
“The zinc market is going to become as tight as copper. Every speculator is buying zinc now.”
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