Copper
Massive Downside for Copper Prices Copper prices may recover, but certainly not this year. Demand from China is the main arbiter of copper prices. Now, that demand is slowing. This has had serious consequences on metals prices. The industry sector is preparing for the worst. Major institutions, from…
The copper price forecast may be set to soar soon, as Citigroup projects that a mining disruption will kick the oversupplied copper back into a shortage. Copper futures for December delivery turned decidedly bullish on Tuesday, moving up to $2.4208 a pound, which amounts to approximately $5,350.00 per…