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.
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.