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Two things copper price bulls are choosing to ignore

Posted on 28 August 2013

Copper price is losing touch with huge supply growth and cost of production. Spot copper prices are up nearly 10% since hitting near two-year lows lows at the end of July.
Sentiment in the industry has been buoyed by better economic news from China which accounts from more than 40% of global demand, a stronger US recovery and what appears to be the beginnings of a real turnaround in Europe………………………………………..Full Article: Source


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VRS - who has written 47920 posts on Opalesque Commodities Briefing.


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