"The short-term moves [in copper] are obscuring a bit what is really the long-term thesis for copper."
In addition to what is going on with China, the copper price will be sensitive to a hard landing for the global economy. Everett Millman says that the supply is not keeping up with the future projections of demand.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
"The short-term moves [in copper] are obscuring a bit what is...
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