Casper Burgering - ABN AMRO
Last quote by Casper Burgering
You see not only that demand in China is doing well, but also that in the longer term demand will increase even more from other sectors, like the electric vehicle industry. At this stage the fundamentals are very supportive of stronger prices.feedback
This page is completely dedicated to what Casper Burgering has to say. All of Casper Burgering’s quotes are organized here by date and topic. The most recent quote attributed to Casper Burgering came from an article called Aluminium at 3-week trough, copper hits 2-1/2 week low: “On a global scale Qatar plays a minor role in the aluminium market, direction is more dictated by China. There are sufficient (aluminium) supplies in China, inflows into Shanghai (warehouses) have increased and demand is relatively weak in summer.”.
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Quotes by Casper Burgering
Jun 06 2017
On a global scale Qatar plays a minor role in the aluminium market, direction is more dictated by China. There are sufficient (aluminium) supplies in China, inflows into Shanghai (warehouses) have increased and demand is relatively weak in summer.feedback
Apr 18 2017
There is still some uncertainty in the market about geopolitical issues, and there is some risk aversion at this stage. A small deficit (in copper) is expected this year, and demand is very good... but that hasn't benefited the metal. There is still a lot of oversupply in aluminium, and a lot of stocks, and that oversupply has depressed prices for quite some time. Now you see there are initiatives to cut capacity in China, and prices are moving (up).feedback
Mar 09 2017
Everyone's betting that a Fed rate hike will take place. That's what's keeping base metals prices currently very low, and pressured. You can see that among all the base metals, including copper, aluminium and zinc.feedback
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