MB APEX FULL YEAR 2013 BASE METALS: Copper

Angus Staines, of UBS, topped the Apex leaderboard for copper in 2013, at 97.7% accuracy for his price predictions during the year.

The MB Apex leaderboard shows which analysts were most accurate in their predictions for prices on the London Metal Exchange.
 
 

The MB Apex leaderboard shows which analysts were most accurate in their predictions for prices on the London Metal Exchange.

Angus Staines, of UBS, topped the Apex leaderboard for copper in 2013, at 97.7% accuracy for his price predictions during the year.

Stephen Briggs, of French bank BNP Paribas, came in second, with 93.2%, and overall winners CICC came in third, with 92.02% accuracy.

The team at Barclays Capital took fourth place for the accuracy of their copper price predictions, at 91.84%, and Cailey Barker, of Numis, came in fifth, with 91.68%.

For all Apex results, click here

Claire Hack 
chack@metalbulletin.com
Twitter: @clairehack_mb 

What to read next
After a consultation period, Fastmarkets is increasing the publication frequency of two copper concentrates index coefficients — MB-CU-0422 copper concentrates counterparty spread and MB-CU-0423 copper concentrates Co-VIU — from monthly to fortnightly.
Over a decade since its first attempt, Glencore appears to have taken another tilt at Rio Tinto.
Participants in the market for copper scrap and blister in China, the world’s largest importer of copper raw materials, expect there to be fiercer competition for material in 2025, industry sources told Fastmarkets in the week to Thursday January 9.
Africa’s first transcontinental rail network, known as the Lobito Corridor, which aims to eventually connect almost the entire regional copper-cobalt belt with additional links across sub-Saharan Africa, is on track to break ground early in 2026, a senior official at the US Department of State told Fastmarkets.
The availability of relatively untapped resources, a huge influx of Chinese investment and a rapid licensing system have helped the Democratic Republic of Congo (DRC) to become one of the world’s three key producers of copper.
The European steel and aluminium scrap industries urged the European Commission on Wednesday January 15 against taking action to curb scrap exports after domestic industry metals producers backed measures to do just that.