FNN spoke to industry experts, Chinalco Yunnan Copper Resources Limited (ASX:CYU) and Syndicated Metals Limited (ASX:SMD) at the Australian Copper Conference in Brisbane about their outlook for copper supply and demand.
CRU Senior Consultant, Vivienne Lloyd, discusses the copper supply-demand gap and explores if it can be bridged. Ms Lloyd also details where copper is being consumed, where copper demand is likely to occur and the price ratio link between copper and aluminium.
Wilson HTM Investment Group’s Senior Analyst, Cameron Judd, details the link between copper prices and the global economy, highlighting a number of risks including the US, Europe and China and the oil price. Mr Judd also explains how the copper price is negatively correlated to the VIX index, often called the “fear index”, and provides price forecasts metal on the back on a likely soft landing in China.
Chinalco Yunnan Copper Resources Limited (ASX:CYU) Managing Director, Jason Beckton introduces the company that explores and develops minerals in Australia, Chile and Laos. Mr Beckton details his outlook for copper supply and medium long term pricing, underpinned by stabilising growth rates in China.
Syndicated Metals Limited (ASX:SMD) Managing Director, Andrew Munckton introduces the base metals exploration and development company with two projects in between Cloncurry and Mt Isa in North Queensland. Mr Munckton also shares his outlook for copper supply and demand.
