Supply Shortage Bets Create Bullish Vibes for Copper Prices
April 04, 2024 at 08:36 AM EDT
The current supply-demand backdrop should set the stage for higher copper prices. In turn, this should feed into more bullish vibes. Traders will continue to place bets on the metal pushing higher and higher as supply gets constrained. China is the world’s largest consumer of copper. However, demand may be tepid as the country struggles [...] The post Supply Shortage Bets Create Bullish Vibes for Copper Prices appeared first on ETF Trends .