The copper has seen better days. Currently, copper prices are at $2.25/lb — a year low. The big question is where this metal it heading? China the world’s largest copper consumer keeps popping up in the news as the economic outlook remains uncertain. But this hasn’t stopped major copper producers from increasing their output this year and next. In our latest Market Movers podcast, we discuss the basics copper market: supply and demand, and it’s not only China and not a one way street.
To listen to our copper segment, it starts at minutes 17:35 of the following video.
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