Copper sentiment has been in the bin given the consensus has...

  1. 72 Posts.
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    Copper sentiment has been in the bin given the consensus has been that most economies should be heading into a recession / already in one and China is also dealing with their own economic uncertainties.

    Despite all this doom and gloom and macro economic predictions, copper is still standing tall at $3.80 USD and $8,400 USD per tonne today which I find pretty incredible. But then again, iron ore is also trading +$130~ at this current moment...

    Last edited by weissman: 24/01/24
 
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