Spekulacyjna banka cen miedzi, bez fizycznego popytu. Tak jakby za chwile nastąpić miał koniec świata, producenci zwiększają podaż, popyt spada, zapasy rosną, nie pozbędą się ich potem przez lata...
Copper’s fastest rally ever recorded could become a victim of inventories at a six-year high, reduced buying from China and dwindling government stimulus plans.
Global supplies have ballooned 85 per cent since June into the largest stockpile since 2004, according to Bloomberg.
Shipments to China, the world’s biggest user, have fallen in three of the past six months. Copper mining companies including BHP Billiton Ltd. and Rio Tinto Group Plc that scaled back expansion plans during the recession are set to increase production to take advantage of prices that gained 140 per cent last year and 1.2 per cent since.
The rally exceeded the best price expectations as global governments pumped USD 12 trillion into economies to combat the recession and China imported more than ever in the first half.
The metal will fall to as low as USD 6,445 a ton this year, a 13 per cent drop from the Dec. 31 close, according to the median forecast in a survey of 11 strategists.
[Wpis został zgłoszony do usunięcia przez użytkowników -
Beesior, wynocha, precz, longtherm, won. Aby go wyświetlić
kliknij tutaj.]