09.11.2016 - Copper price: Don’t expect any 2017 fireworks
Copper has risen during 11 of the last 12 trading sessions, adding nearly 11% in two weeks. While other industrial metals and steelmaking raw materials have jumped in value this year, the bellwether metal has advanced a more modest 8% this year. The copper price hit six year lows in January following a 26% decline in 2015, the fourth year in a row of price erosion. While the price of copper appears to have found a floor above $2.00 a pound a new note by BMI Research, a Fitch company, says that any gains going into 2017 would be modest...........................................Full Article: Source
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