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Can copper recover on Japan impact

Posted on 21 March 2011

Analysts have been bullish on copper for a while now—who wouldn’t be, after last year’s price rise of 31.44 percent? But 2011 may prove to be a different story. Year-to-date, copper prices have dropped 4.95 percent, while inventories at both the London Metal Exchange and COMEX have risen.
With Chinese inflation—not to mention Japan’s recent earthquake—increasingly worrying investors, where will copper prices go next?………………………………………Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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