Uluslararas\u0131 Bak\u0131r \u00c7al\u0131\u015fma Grubu (ICSG), ge\u00e7en sonbaharda 2026 g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc de\u011fi\u015ftirerek \u201carz fazlas\u0131\u201d beklentisinden \u201carz a\u00e7\u0131\u011f\u0131\u201d beklentisine ge\u00e7ti. Bu de\u011fi\u015fiklik, bak\u0131r piyasas\u0131nda arz\u0131n daha s\u0131k\u0131 olaca\u011f\u0131 beklentisini destekliyor.<\/p>\n
ICSG\u2019nin 2027\u2019ye y\u00f6nelik ilk tahmininin, piyasada s\u0131k\u0131la\u015fman\u0131n devam edece\u011fine ve arz a\u00e7\u0131\u011f\u0131n\u0131n kal\u0131c\u0131 hale gelebilece\u011fine i\u015faret etmesi bekleniyor. Bak\u0131r fiyat\u0131 da Mart ay\u0131ndaki geri \u00e7ekilmenin ard\u0131ndan yeniden toparland\u0131.<\/p>\n
\u00c7in\u2019de rafine bak\u0131r \u00fcretiminin (i\u015flenmi\u015f, safla\u015ft\u0131r\u0131lm\u0131\u015f bak\u0131r) artmas\u0131 h\u00e2l\u00e2 bekleniyor. Ancak \u00c7in \u00fcretimi y\u00fckselse bile, 2027\u2019ye uzanan d\u00f6nemde g\u00f6r\u00fcn\u00fcm yine arz s\u0131n\u0131rlamalar\u0131na (yetersiz tedarik ko\u015fullar\u0131) odaklan\u0131yor.<\/p>\n
Bak\u0131r piyasas\u0131 g\u00f6r\u00fcn\u00fcm\u00fc s\u0131k\u0131la\u015f\u0131yor ve 2026\u2019n\u0131n geri kalan\u0131 i\u00e7in belirgin bir arz a\u00e7\u0131\u011f\u0131 olu\u015ftu\u011funu g\u00f6r\u00fcyoruz. Bu g\u00f6r\u00fc\u015f, Uluslararas\u0131 Bak\u0131r \u00c7al\u0131\u015fma Grubu\u2019nun de\u011ferlendirmeleriyle de destekleniyor; grubun 2027\u2019ye do\u011fru ek arz a\u00e7\u0131klar\u0131 \u00f6ng\u00f6rmesi bekleniyor. Bu temel tablo, Mart ay\u0131ndaki d\u00fc\u015f\u00fc\u015f sonras\u0131 g\u00f6rd\u00fc\u011f\u00fcm\u00fcz fiyat toparlanmas\u0131n\u0131n g\u00fc\u00e7l\u00fc bir zemine dayand\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n
Bu g\u00f6r\u00fc\u015f\u00fc g\u00fc\u00e7lendiren bir di\u011fer unsur, LME\u2019de (Londra Metal Borsas\u0131) bak\u0131r stoklar\u0131n\u0131n (depolardaki teslim edilebilir metal miktar\u0131) son d\u00f6nemde yakla\u015f\u0131k 85 bin tona gerileyerek kritik say\u0131labilecek 18 ay\u0131n en d\u00fc\u015f\u00fck seviyesine inmesi. Ayn\u0131 d\u00f6nemde K\u00fcresel \u0130malat PMI (Sat\u0131nalma Y\u00f6neticileri Endeksi; 50\u2019nin \u00fczeri \u00fcretimde geni\u015flemeye i\u015faret eder) \u00fc\u00e7 ayd\u0131r \u00fcst \u00fcste 50\u2019nin \u00fczerinde kalarak b\u00fcy\u00fcme b\u00f6lgesinde seyretti. Azalan arz ile artan sanayi talebinin bir araya gelmesi, fiyat g\u00fcc\u00fcn\u00fcn devam edebilece\u011fine i\u015faret ediyor.<\/p>\n
Yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan bu g\u00f6r\u00fcn\u00fcm, \u00f6n\u00fcm\u00fczdeki haftalarda fiyatlar\u0131n yukar\u0131 y\u00f6nl\u00fc hareketine pozisyonlanmay\u0131 \u00f6ne \u00e7\u0131kar\u0131yor. \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte vadeli (vadesi 3. \u00e7eyrekte dolacak) al\u0131m opsiyonlar\u0131 (belirli bir fiyattan alma hakk\u0131 veren s\u00f6zle\u015fme) veya bo\u011fa al\u0131m spread\u2019i (al\u0131m opsiyonu al\u0131p daha y\u00fcksek kullan\u0131m fiyatl\u0131 al\u0131m opsiyonu satarak maliyeti d\u00fc\u015f\u00fcren strateji) de\u011ferlendirilebilir. Bu yakla\u015f\u0131m, beklenen orta vadeli y\u00fckseli\u015fe kat\u0131l\u0131m sa\u011flarken riski s\u0131n\u0131rlamaya yard\u0131mc\u0131 olur.<\/p>\n
Geriye bak\u0131ld\u0131\u011f\u0131nda, 2025\u2019in sonlar\u0131na do\u011fru g\u00f6r\u00fclen fiyat hareketi de benzer \u015fekilde yatay seyir (konsolidasyon) sonras\u0131 keskin bir y\u00fckseli\u015f trendiyle devam etmi\u015fti. Mart 2026\u2019daki d\u00fc\u015f\u00fc\u015ften sonraki toparlanma, al\u0131m iste\u011finin g\u00fc\u00e7l\u00fc kald\u0131\u011f\u0131n\u0131 do\u011fruluyor. Tarihsel olarak arz tahminleri bu \u00f6l\u00e7\u00fcde s\u0131k\u0131la\u015ft\u0131\u011f\u0131nda, fiyat hareketi h\u0131zl\u0131 olabiliyor.<\/p>\n
Ye\u015fil enerji ve teknoloji sekt\u00f6rlerinden gelen talep, \u00f6nceki tahminlerin \u00fczerinde kalmaya devam ediyor. 2026\u2019n\u0131n ilk \u00e7eyre\u011fine ait k\u00fcresel elektrikli ara\u00e7 (EV) sat\u0131\u015flar\u0131 y\u0131ll\u0131k bazda %15 artt\u0131. Ayr\u0131ca yeni yapay zek\u00e2 veri merkezlerinin (AI data center; b\u00fcy\u00fck \u00f6l\u00e7ekli sunucu altyap\u0131s\u0131) kurulumu, beklenmedik bir ek bak\u0131r t\u00fcketimi yarat\u0131yor. Bunlar k\u0131sa vadeli de\u011fil, talep taraf\u0131nda kal\u0131c\u0131 de\u011fi\u015fimlere i\u015faret ediyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bak\u0131rda yeni hik\u00e2ye: ICSG 2026\u2019y\u0131 arz fazlas\u0131ndan a\u00e7\u0131\u011fa \u00e7evirdi; 2027\u2019de kal\u0131c\u0131l\u0131k bekleniyor. LME stoklar\u0131 18 ay\u0131n dibinde, PMI g\u00fc\u00e7l\u00fc; EV ve AI talebiyle fiyatlarda yukar\u0131 potansiyel.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-44903","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=44903"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44903\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}