6min chapter

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Why Copper May Be One of the Tightest Markets The World Has Ever Seen

Odd Lots

CHAPTER

Copper Is a Crucial Factor in the Price of an Electronics Product

The copper market is in an extreme set of fundamental circumstances. We've never had to go to en demand destruction pricing to achieve a re balancing. The next leg higher is ultimately going to be a reflection of that progressive green supply crunch, essentially removing the remaining inventory from the system over the next three years. Copperis going to have to go to a price level well beyond any level we've seen before historically toto achieve that demonstration. Could 15 thousand prove conservative? Absolutely. And even then, i think would be very slow.

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