Copper Starting to Move Up
- As economies start to take more reopening steps - copper has moved off its march lows.
- We remain bullish overall on Copper and note it's real world application and indication of global production / activities.
- Expect prices to correct at the overhead supply. We are in a trend move up and will look to pick up some contracts at the below demand zones.
- Stocks are a leading indicator of the economy and so we expect copper demand to increase over the coming quarters.
- We remain bullish overall on Copper and note it's real world application and indication of global production / activities.
- Expect prices to correct at the overhead supply. We are in a trend move up and will look to pick up some contracts at the below demand zones.
- Stocks are a leading indicator of the economy and so we expect copper demand to increase over the coming quarters.
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