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The Copper price closed up again overnight at US$4.49/lb. It...

  1. dbd25
    7,305 Posts.
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    20/04/24
    10:59
    Post #: 73436749
    The Copper price closed up again overnight at US$4.49/lb. It seems to be going up steadily on a daily, weekly, and monthly basis (see below).
    Note the current price run seems to have started at the beginning of March. Higher Cu prices should be positively impacting the balance sheets of producers most noticeably in the current quarter.

    1 DAY
    https://hotcopper.com.au/data/attachments/6114/6114761-7180bab42bccdb0dfa3469c1d054ce4e.jpg
    1 WEEK
    https://hotcopper.com.au/data/attachments/6114/6114764-d7a2a473cdb79b851d1d369dfac78e8d.jpg
    1 MONTH
    https://hotcopper.com.au/data/attachments/6114/6114770-3c7604f0871332123c760258be787f46.jpg
    6 MONTHS
    https://hotcopper.com.au/data/attachments/6114/6114777-e71f8b7b4fc44b20c43edcd9276bc201.jpg

    All IMHO, DYOR
    A1M Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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34.5¢ 		Change
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