Supply-demand fundamentals swing in copper’s favor, and everyone seems to agree, said Vince Sorace, CEO of Kutcho Copper.

“There isn’t a corporate or an analyst or a strategic that I’ve talked to in the last year that isn’t on the same page with respect to, they see, a continuation with respect to demand, and that could be driven from a number of different places,” Sorace told Kitco News on the sidelines of the Vancouver Resource Investment Conference.

“More importantly, they’re seeing a waning supply,” he added.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 26624.50 0.43%
S&P 500 2925.09 0.59%
NASDAQ 8078.32 0.78%
TSX 16617.40 0.24%
TSX-V 608.02 0.00%

Resource Commodities

Name Last Change
Gold 1268.74 0.47%
Silver 14.78 1.56%
Copper 2.91 2.908
Platinum 901.00 0.67%
Oil 65.70 2.59%
Natural Gas 2.52 1.35%
Uranium 25.88 0.00%
Zinc 1.27 0

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