6 reasons why copper prices bouncing back
Post on 11-Aug-2015
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#6 REASONS Why Copper Prices Are Bouncing Back ?
#1 CHINA MARKET REOPENS : INCREASED PHYSICAL BUYING
#2 DROUGHT IN CHILE: 40,000-60,000T ESTIMATED SUPPLY DISRUPTION
#3 INCREASING DEMAND: WORLD DEMAND TO CLOCK 12% ESTIMATED INCREASE
#4 LOWER PRICES MAY LEAD TO FURTHER PRODUCTION CUTS
#5 PHYSICAL PREMIUMS : SHANGHAI COPPER PREMIUMS RISING SINCE NOV 2014
#6 LOWER CRUDE OIL TO BOOST ECONOMIC HEALTH ACROSS THE GLOBE BOOSTING DEMAND FOR THE METAL
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