JJCTF - Copper Outlook 2019: Supply And Demand Analysis
iPath DJ-UBS Copper Total Return Sub-Index ETN (OTCPK:JJCTF) tracks an index that reflects the performance of an investment in one futures contract on copper. For stock traders JJCTF, exchange-traded-note provides exposure to market price movements of Copper High Grade futures contract traded on the COMEX. The ETN has an expense ratio of 0.75%. This article highlights 2019 and 2020 global supply and demand forecasts published by the Chilean Commission on Copper (Cochilco) and my view on where the price of copper is headed next.
Data by YChartsGlobal Copper Production Forecast
Copper