Copper fundamentals over the coming decade are incredibly exciting – TDS

Market news

14 March 2024

Copper fundamentals over the coming decade are incredibly exciting – TDS

Economists at TD Securities expect Copper to embark on a significant race higher in the long run.

The timing could be ripe for a multi-year rally to kick-off

This is not the breakout you are looking for – it is a litmus test. Copper fundamentals over the coming decade are incredibly exciting, with a supercycle seemingly locked in.

And, signs that Copper markets have finally entered into a period of structural deficits suggest the timing could be ripe for a multi-year rally to kick off.

United States EIA Natural Gas Storage Change below expectations (-3B) in March 8: Actual (-9B)

United States Business Inventories came in at 0%, below expectations (0.2%) in January

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