Reported 1 day ago
Copper prices have retreated from a five-month high as traders assess the fluctuating outlook for supply and demand in China. After gaining 3% in August and briefly surpassing $10,000 a ton, the market shows mixed signals with low inventories and import premiums. Analysts note that supply constraints and reduced inventory levels could support price increases despite concerns of softer demand in the latter half of the year.
Source: YAHOO