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Supply Bottlenecks Could Provide Perfect Catalyst for Copper

From etfdb.com

Copper prices have been subjected to tariff news volatility though the industrial metal is up for the year. Fundamentally, supply bottlenecks should provide the perfect catalyst for prices to remain on the bullish side. President Trump could place tariffs on copper, which is helping to spike demand. As mentioned in Oil Price, new production could help offset higher demand, but the pace may not be able to keep up. “Despite the above aggregate gains, physical copper supply continues to hit bottlenecks,” Oil Price mentioned. “Not all copper is created equal, and a lot of the new mine output is concentrate that still ... (full story)

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  • Category: Fundamental Analysis