Copper Rally Stalls As Market Awaits Chinese Demand Recovery

Copper Rally Stalls As Market Awaits Chinese Demand Recovery

OilPrice.com

Published

Via AG Metal Miner   Copper prices reacted to short-term resistance and rallied at the beginning of the year. That said, copper prices need to break lows and form a lower high to change the overall trend. Currently, the trend is up, and prices are expected to continue rising. Technical support levels should act as a price floor, giving buyers opportunities at price dips.  Overall, the Copper Monthly Metals Index (MMI) rose 9.19% from January to February. Rally for Copper Prices Stalls Amid Weak Global Manufacturing Copper prices hit their…

Full Article