Copper price action continues to show massive bear trends and signals further declines. The continuous breakdown of short-term trading ranges fosters a volatile market. This leaves industrial buyers at risk of inventory value fluctuations. The highly infectious BA.5.2 sub-variant of the coronavirus arrived in China as Beijing issued its first vaccine mandate. Meanwhile, Shanghai’s covid cases rose to their highest level since late May. The city continues to struggle with the omicron variant. Since Shanghai emerged from lockdown, China shifted toward targeted quarantines. The latest jump in cases will once again test ... (full story)