Copper Price Beginning to Rally

Posted 26 October 2017

Tags: Copper

Copper is having a bit of a rally hitting highs last seen in mid-October.

The long term prediction are still pretty pessimistic with world economies dictating when the recovery will happen. Most manufacturers are still reluctant to hold more than a week or twos production requirements in stock.

It would be surprising if it rises by much more particularly as the Chinese new yew year is only a couple of months away and normally has a dampening effect prices.