Healthy Chinese demand and the prospect of Latin American labor agitation have made copper one of the best- performing commodities in the past year, but supply headwinds could cool the red-metal party.
Global stockpiles on Monday reached the highest level since November as China’s refined- copper output climbed to a record.
According to acquaintances иf these stockpiles continue to rise, we could see a stagnation in price.
Source: Bloomberg Pro Terminal
Trader-G.Bozhidarov
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