Copper price rout could cause ructions in concentrates market

The violent sell-off in copper prices over the past week could shake up supply and demand in the concentrates market, as knock-on effects are felt across the value chain.

Chinese mines could halt production as output becomes unprofitable, while smelters could face substantial losses on any unhedged concentrates inventory they are holding, compounding lower revenues from cathode sales.



Mark Burton

Metal NM

March 14, 2014

12:27 GMT