From today's Fin Review:
It’s ‘copper’s time’ as traders switch from iron ore
Diverging prices for two of Australia’s key exports have triggered a rotation across commodity markets, with traders being told to abandon their love affair with iron ore and jump on the copper bandwagon.
Citi recommended that investors start buying the metal over the next three to six months, advising that any price below $US9000 was ‘‘cheap’’. The broker sees prices hitting $US10,000 a tonne by the end of this year, before reaching $US12,000 the year after that.
From today's Fin Review: It’s ‘copper’s time’ as traders switch...
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Last
4.4¢ |
Change
0.003(7.32%) |
Mkt cap ! $67.08M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.5¢ | 4.1¢ | $206.4K | 4.880M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1634191 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 347655 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
0.003 ( 7.32 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.4¢ | 4.1¢ | 1937403 | ||
| Last updated 15.17pm 14/06/2024 ? | |||||
| CYM (ASX) Chart |