Fiber optic connectors are a substantial fragment of the global telecommunication industry. Optical fibers are joined using fiber optic connectors, which allow the light conduction between two consecutive optical fibers. An additional im…
BMI View: Copper prices will continue to underperform due to a cooling demand outlook in China and
persistent oversupply in the coming quarters. As such, we have lowered our 2016 and 2017 price forecasts
to USD4,750/tonne and USD4,900/tonne, respectively.
? We have revised down our copper price forecast to USD4,750/tonne from USD4,900/tonne in 2016 and
to USD4,950/tonne from USD5,000/tonne in 2017, as strong production growth in H116 exacerbates the
oversupply. We expect copper prices to rise only marginally to USD5,400/tonne by 2020, as the global
market gradually tightens, in line with our broader view for metal prices to stabilise rather than stage a