Copper Price Risk is Moving to Downside

Base Metals Investing

Bloomberg reports that according to Goldman Sachs Group Inc., Copper price is moving to the “downside”.

Bloomberg reports that according to Goldman Sachs Group Inc., Copper price is moving to the “downside”.

The market news is quoted as saying:

Copper for three-month delivery traded at $9,743 a ton at 4:06 p.m. on the London Metal Exchange. Prices reached $10,190 on Feb. 15. Imports of refined copper into China, the world’s biggest consumer, dropped to a two-year low in February, customs figures showed on March 21.

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