As copper prices hover just above the US$2.00/lb mark, conjecture exists as to how low prices will go and for how long they will remain at these levels.
The prices have dropped so dramatically to 6-year low. This drop was primarily driven by depressed demand resulting in surplus in the market, as inventories started to build up in China — which is one of the key producers and consumers of copper.
The latest Commodity Insights Bulletin provides insights into price outlook, supply and demand, major deals and projects as well as key developments in the market of Copper.
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