Confidence returns to copper markets for now, outlook for 2024 still uncertain
Oct 16, 2023•19 min
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Episode description
Chinese copper markets are showing signs of recovering from the slump that hit the industry in the second quarter pf this year. The clean concentrate spot TCs are declining on increased demand for cargoes and cathode import interest are improving on tighter spot supplies. As the market heads into negotiation season, YuenCheng Mok, Senior Managing Editor of nonferrous metals at S&P global Commodity Insights discusses the key trends in the Chinese copper concentrate and cathode markets with Jesline Tang, Editor with the nonferrous metals team and Han Lu, senior editor with the team. Find out what's in-store in the near term for these markets and the expectations for 2024 benchmark levels.
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