The copper market saw a near doubling in prices over the last year. Copper fell to an LME low in March 2020 of $4,371 per metric ton. Fast forward to this year, however, and it closed at $8,764 prior to this past weekend. But anyone following the copper market will know that even that price is off a late February high of over $9,600. Copper market ups and downs: So why has the price dropped back so significantly from its high? Is this just a pause before forging higher, as Citi Bank would have us believe? In a recent report, Citi said it expects the metal to fetch $10,000 per metric ton “sooner rather than later” on ... (full story)