Whenever copper makes a bit of a sustained move, copperheads start wondering if pricing is finally heading back toward “respectability.” While the 15-cent/pound increase over the past month to around $2.25 (at press-time) isn’t exactly a wild breakout, some short- and long-term market conditions may be setting up to support an increase, according to several metals analysts.
On the macroeconomic front, copper bulls point to the fact that many economists expe
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.