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Listen: Copper markets eye easing concentrate supply in 2022

  • Featuring
  • Yuen Cheng Mok    Han Lu
  • Commodity
  • Metals Shipping
  • Length
  • 13:27
  • Topic
  • Battery Metals Asia-Pacific Energy Crisis

Copper prices were on a roller-coaster ride in 2021 with demand recovery in US and Europe, logistics issues, COVID-19 disruptions and power cuts in China all contributing to the price fluctuations. Futures backwardation also hit a historical high in 2021. Apart from copper prices, copper cathode import premium to China and copper concentrate treatment charges hit an all-time low.

In 2022, increasing supply from new and existing mines is likely to be one of the key factors to watch out for. On this week's Commodities Focus podcast, S&P Global Platts Yuen Cheng Mok and Han Lu discuss what's in store for copper markets in 2022.

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