Can somebody explain me why the warehouse levels are falling and why one should buy today copper if he knows that the mining industry will oversupply the the demand in the years to come? With other words, why should one buy copper if he knows (like in the view of UBS) that in the next 2 years the CU price should fall to US$ 2.50 lb???
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Last
52.5¢ |
Change
0.005(0.96%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.0¢ | 51.5¢ | $1.906M | 3.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38346 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 27568 | 1 |
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| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| BTR (ASX) Chart |