| With copper trading near six year lows, many traders are starting to wonder whether the bottom is near and whether a reversal could be in the cards over the coming months. From a fundamental perspective, the answer to traders’ question may come from China, which is the world’s largest customer.
Many investors are hoping that increased spending on infrastructure and power utilities will be enough of offset the declines in Chinese real estate. However, since more than 50% of the nation’s usage of copper stems from the real estate sector, there is little sign of a reversal any time soon...............................................Full Article: Source
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