Meridian Commodities: copper deficit expected to persist into 2028
The sister company’s twelfth annual outlook models a refined copper deficit of 310,000 tonnes in 2027, driven by grid and data centre demand.
Grid connection queues are quietly redrawing the industrial map
Firm connection dates in several European grid regions have slipped beyond 2032, making existing capacity the scarcest industrial asset.
The quiet normalisation of European gas pricing
Front-month TTF averaged close to €31 per megawatt hour over the summer, the lowest realised volatility since 2020. The risk has changed shape, not disappeared.