#barbara lambrecht

The post Platinum: Repeated deficits tighten stocks – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Commodity Analyst Barbara Lambrecht reports that focus in London is turning to Platinum group metals as the World Platinum Investment Council prepares updated forecasts. The bank expects WPIC to project a fourth consecutive annual deficit, further eroding above-ground stocks that already cover only four months of demand. Continued medium-term deficits and inventory drawdowns would likely underpin Platinum prices. WPIC outlook and shrinking inventories “At the start of the week, the World Platinum Investment Council (WPIC) will present its new forecasts for the platinum market. It is expected to forecast the fourth consecutive supply deficit for this year.” “Even though the supply deficit is likely to be smaller than in previous years due to weaker demand from the automotive industry and for platinum jewelry, above-ground inventories — which have already fallen significan

The post Copper: Tariff risk fuels rally – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Commodity Analyst Barbara Lambrecht highlights that Copper has surged to record levels on the London Metal Exchange, supported by structural demand from the energy transition and data centers. At the same time, the US is considering extending tariffs to refined Copper from 2027, encouraging pre-emptive stockpiling and tightening supply outside the US. Chinese production data due next week will be closely watched. Record prices and looming US tariffs “In the base metals markets, sentiment remains positive despite another significant rise in energy prices: The London Metal Exchange index even hit a new record high this week. A ton of copper cost more than USD 14,000.” “In addition to concerns about a shortage of copper ore, fears of an expansion of US tariffs on metal imports are likely also playing a role in the current copper price rally. The US Department of Commerce is expected t