Falling exchange stocks and solid apparent consumption growth in China in the second half of the year pushed copper prices to around a 7-month high of $7,000 per tonne by end-2013. However, the perceived market tightness is likely to fade, in part owing to strong mine supply growth in 2014. We continue to expect prices to fall over the course of this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services