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KGHM Polska Miedz sees no prospects for growth in copper prices

The second-largest copper producer in Europe, the company KGHM Polska Miedz, expects copper prices to be volatile and possibly lower in the short and medium term.

«Over the last few months, we reported that our forecast for the global economy more pessimistic — Romanovsky said Yaroslav (Jaroslaw Romanowski), head of hedge direction of KGHM Polska Miedz. — We have doubts with regard to the high stability of copper prices in the short to medium term, but, of course, we are optimistic in the more distant term. «

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