Copper is hot in February

According to Goldman Sachs, they see a large potential for commodities to outperform again this year. Last year only cryptocurrencies outperformed commodities and Goldman Sachs to significant market imbalances to drive commodity prices again. Whether it is constant demand or supply not being provided commodities have reasons to rally. Copper is one commodity that could be due for some gains. The present and expected further easing in China’s monetary policy should be supportive for growth and therefore copper demand. Let’s take a look at the seasonal demand for copper in February. From Feb 01 – Feb 24 Copper ...