Only way is up for copper: CRU

“Copper is back!” Robert Perlman, chairman of CRU, told 635 delegates from over 30 countries as he inaugurated the 16th CRU World Copper Conference in copper capital Santiago, Chile on Tuesday. Consolidation of the rebound in copper prices—that began in November 2016—is expected to continue with the copper market forecast to experience a couple of years of balance before a supply deficit kicks in. By Paul Harris in Santiago

Only way is up for copper: CRU Only way is up for copper: CRU Only way is up for copper: CRU Only way is up for copper: CRU Only way is up for copper: CRU

“This is the first World Copper Conference in six years that the copper price has been higher than the previous years’ event,” Perlman said, adding key reasons for the change in copper’s price