Mar 7th 2018

Copper Bulletin – $6968


Copper rebounded today slightly, finishing on $6968 per tonne.

Recently we saw a drop in the copper price, due to a surging dollar together with holidays and nervous feelings in the Chinese manufacturing sector. With Chinese New Year having been over for a few days now, production should be in full swing fuelling demand once more.

However over the long term, Copper still sits in a bullish trend. Analysis cites unwavering demand for electronics and an ever increasing focus on renewable energy, both of which demand copper in large amounts.



edstevo
Embracing the unconventional. Striving to make a difference, one impatient step at a time. Works at Flowflex UK. Supports Entrepreneurism, Manufacturing & Tech.