On Track for a New Mine
Discovery and development of precious metals - New Brunswick & Manitoba
Message: ...LME copper inventory
recall last October.....LME dropping
...nice to see copper inventory dropping..
|
LME Official Opening Stock (in tonnes) |
|||||||||||||
|
........China has been buying here ahead of Japan as China builds 70 new cities housing 1,000,000 residents.. Japan well start buying copper & silver rebuilding while Qartar,Russis and India start buying for their infrastructer since holding World sporting events within 3-5 yrs..Asian Analyst see copper shortages 3 rd Qtr 2012 with copper prices seeing huge gains with no new copper supplies coming on-line too meet Global demand..Traps7................................. Yesterday on .
|
LME Official Opening Stock (in tonnes) |
|||||||||||||
|
..........6 months back Asian Analyst said by the end of first Qtr, the LME copper inventory would be down to 250,000 tns. Lokks like they were right..............PS, Analyst also said there would be only a two week supply left by the end of 3rd Qtr with copper seeing $ 8.oo a lb as no new copper supply comes on stream to handle the demand...............Traps7
New Message
Please
login
to post a reply