02.01.2015 - Copper Price Forecast 2015
When it comes to forecasting metal prices, one of MetalMiner's core beliefs rests on the need to analyze metal markets within the broader context of commodities markets - not in a vacuum. That's why we put a category sourcing guide together for a number of base metals and steel; since many purchasing organizations are sourcing a diverse metal mix, shouldn't you have a resource (and strategies) to match? However, if you buy a significant volume of copper, read on. Copper is the worst performer among the industrial metals in 2014. Since the start of the year, we've continued to say that there is no reason to go long on copper unless prices managed to break above $7,500/mt, which they haven't...............................................Full Article: Source
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