GGPChat

Trafigura predicting tight copper supply by Dec 2022 and now Codelco Chiles biggest producer predicting copper prices going to be much higher next year..

Never mind Goldman Sachs predictions these are the guys actually producing the stuff. What they say goes….

https://www.mining.com/web/codelco-prop ... 3-sources/

Commodity trader Trafigura warned that global copper stocks have fallen to record lows, with current inventories enough to supply world consumption for just 4.9 days. Freeport-McMoran was also vocal about shortage risks, stating that current low prices do not reflect the tightness in the physical market.
https://tradingeconomics.com/commodity/copper