• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    CRU Doesn’t See a Swift Recovery for Copper Prices

    Teresa Matich
    Apr. 16, 2015 09:36AM PST
    Base Metals Investing

    CRU director of copper research and strategy, Vanessa Davidson, suggested that the worse could be over for copper prices, but also stated at the recent CRU copper conference that the metal is unlikely to see a swift recovery, Reuters reported. In spite of recent supply troubles and slightly more optimistic price outlooks from some analyst firms, CRU sees the market heading into surplus next year.

    CRU director of copper research and strategy, Vanessa Davidson, suggested that the worse could be over for copper prices, but also stated at the recent CRU copper conference that the metal is unlikely to see a swift recovery, Reuters reported. In spite of recent supply troubles and slightly more optimistic price outlooks from some analyst firms, CRU sees the market heading into surplus next year.

    As quoted in the publication:

    While cuts in production and delays to projects have removed eight projects equating to 1.5 million tonnes that were due to come onstream by 2019, it will take years before the global market feels any supply pinch and prices recover.

    Base metals consultancy CRU does not expect prices to retest 2013 levels around $7,000 per tonne until 2017 and capacity cuts will not bite until 2018 when the market will return to a deficit of 300,000 tonnes.

    CRU expects a balanced market this year, growing to a 250,000 tonne surplus in 2016.

    Click here to read the full article.

    cru coppercopper investing
    The Conversation (0)

    Go Deeper

    AI Powered
    copper bobbins

    Copper Price Update: Q3 2022 in Review

    Copper Declines as Surging Energy Costs Spur Concern Economies May Weaken

    Latest News

    Copper Quest Announces Multi-National Investor Awareness Campaign

    Bold Ventures Announces Prospecting and Sampling Results and Mobilizes Crew to Burchell Gold and Copper Project

    Heritage Mining Plans Aggressive Program at Zone 3 Extension Mega-Quartz Vein System at its Flagship Drayton-Black Lake Project

    Quetzal Copper Announces Refiling of June 30, 2025 Financial Statements

    Olympic Domain Project Update with BHP

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Empire Metals

    EPMLF

    Corazon Mining

    CZN:AU

    Blackstone Minerals

    BSX:AU

    Osisko Metals: Pure Potential

    OM:CA

    Los Andes Copper

    LA:CA

    Questcorp Mining

    QQQ:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×