Thu, Sep 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Copper prices may reach $5 by year end

Posted on 19 February 2013

Copper prices are on their way to $4 per pound, and in a perfect global macroeconomic environment may even hit $5 per pound by the end of the year. During the third quarter of 2012, copper prices started seeing some major action on the upside.
In early September, strong manufacturing numbers coming out of China and India helped push copper prices from $3.40 per pound to above $3.80 in a matter of weeks. However, bearish signs from Europe and the United States put a lid on prices and the rally began to sputter, pushing copper back to the $3.50 range in the early stages of the fourth quarter…………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 36995 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930