Copper markets eye easing concentrate supply in 2022
Copper prices were on a roller-coaster ride in 2021 with demand recovery in US and Europe, logistics issues, COVID-19 disruptions and power cuts in China all contributing to the price fluctuations. Futures backwardation also hit a historical high in 2021.
In 2022, increasing supply from new and existing mines is likely to be one of the key factors to watch out for.
On this week's Commodities Focus podcast, S&P Global Platts Yuen Cheng Mok and Han Lu discuss what’s in store for copper markets in 2022.