US Copper Demand on the Rise.
Amidst a solid rebound in demand, the US copper market shows all signs of a supply shortage as backwardation on the forward curve continues to steepen, just as the London LME copper market is firmly in contango. Citibank estimates that Jan-May copper consumption in the US increased by 22% year-on-year.
Ero Copper Corp. (ERO) will announce Q2 results on August 4.
I'm Bullish on Copper
I'm Bullish on Copper
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: I'm Bullish on Copper
Ten minutes after I posted this the IR manager for ERO called and they want to host a webinar for us in late August. They are going to have some good stuff in their Q2 report.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group