Global S&T Development Trend Analysis Platform of Resources and Environment
The copper market is so bleak miners are turning to the gospel | |
admin | |
2019-10-31 | |
发布年 | 2019 |
语种 | 英语 |
国家 | 国际 |
领域 | 地球科学 |
正文(英文) | ![]() The mood is a reversal from a year ago, as demand for most metals suffers due to the US-China trade war.
The mood in base-metals markets has turned so miserable that copper-mining giant Freeport-McMoRan Inc. turned to a local gospel choir to add some cheer as the industry gathers in London. Freeport put in a last-minute call for the group to help Chief Executive Officer Richard Adkerson wind down the week on a high note. Together, they entertained attendees at a dinner hosted by the company Wednesday with uplifting renditions of classics including “O-o-h Child” and “Oh Happy Day.” For traders, miners and investors attending LME Week this year, there hasn’t been much else to celebrate, at least in the short term. The mood is a reversal from a year ago, as demand for most metals suffers due to the U.S.-China trade war. “It would all be good if we didn’t have this damn trade war,” Adkerson said. “There was a negative mood coming into this week.” Still, there’s potential for an uplift on the horizon, he said. “An improvement in economic conditions, which is in everybody’s interest in this world, has the potential for having a major near-term uplift in copper prices,” he said. “We’re not predicting it, we’re not running our business on that, but I think it’s a real possibility.” (By Mark Burton) |
URL | 查看原文 |
来源平台 | Minging.com |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/219436 |
专题 | 地球科学 |
推荐引用方式 GB/T 7714 | admin. The copper market is so bleak miners are turning to the gospel. 2019. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
查看访问统计 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[admin]的文章 |
百度学术 |
百度学术中相似的文章 |
[admin]的文章 |
必应学术 |
必应学术中相似的文章 |
[admin]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论