10 Oct, 23

Copper Prices Decline As Global Renewable Hopes Fall Short

UncategorizedNo Comments

Via Metal Miner Although some moved sideways with more modest declines, all components within the overall index saw copper prices trade lower during the month. As a result, the Copper Monthly Metals Index (MMI) declined 2.34% from September to October. Copper Prices Break Below Sideways Range, Create Lower Low After edging lower throughout September, copper prices appeared increasingly bearish by early October. Indeed, prices fell below the $8,000/mt mark by Oct. 4 for the first time since May. A new lower low followed shortly after on Oct. 5.…

Leave a Reply

Your email address will not be published. Required fields are marked *

This field is required.

This field is required.