Connect with us

Business

Copper bulls get an electric shock – The Australian Financial Review

Speculative positioning has pulled back to pre-pandemic levels, though prices remain about 50 per cent higher than at the end…

Published

on

Article feature image

Coppers blistering rally above $US10,700 a tonne came in May as lockdown restrictions sparked insatiable demand for metals in housing and consumer goods. Numerous traders and banks bet that prices would increase even more, theorising that the manufacturing…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending