ilmscore | Why Copper Is Rising? | India & Global Markets | CA Rachana Ranade | #shorts

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 2
Pending: 3
Unrated: 0
Prediction
Topic
Status
Disruptions in the top 5 copper producing countries (Chile, Congo, Peru, China, Indonesia) will lead to supply problems.
"if anything goes wrong in any of these countries can I say there will be a problem with the supply."
Copper Supply Shock
Pending
A drop in copper supply will lead to upward price pressure.
"So with this is supply going to drop? Yes. Is that going to create a price pressure upwards? Answer is again yes."
Copper Price Pressure
Pending
Landslides in Chile (specifically July 31st) led to reduced supply and upward price pressure on copper.
"and because of which again what happened supply went down price pressure upwards"
Copper Price Pressure
Incorrect
A major landslide at the Grasberg mine in Indonesia (the second largest copper mine) will create significant supply pressure and increase copper prices.
"So a big landslide here can it create a big supply pressure? Answer is yes. And can it actually increase the overall you know price pressure on copper? Absolutely yes."
Copper Price Pressure
Incorrect
The global copper deficit is expected to be 0.15 million tons, representing only 1% of total production.
"What was the total copper production? It was 23 million tons. Out of that deficit is only expected to.15 million tons. That accounts for barely 1%."
Copper Market Deficit
Pending