The turning of the tide: copper market set for moderate surpluses as mine supply ramps up: Publication of the Thomson Reuters “GFMS Copper Survey 2014”
With the copper market expected to post a moderate surplus this year, copper prices are expected to remain under pressure. The annual average price is expected to fall below $7,000/tonne in 2014 for the first time since 2009, with a test of the $6,000/tonne level deemed likely over the second half. The copper market was …