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commodities

Copper Prices Rebound Strongly

By Dr. Duru #copper

The strong rally in the stock market has included a strong rebound in copper prices. In “Copper Supply Squeeze Coming, Prices to Jump: Analyst“, CNBC notes that copper prices have reached a two-month high on the London Metal Exchange. Supplies are also likely to tighten as production from aging mines starts falling.

Copper prices hold firm
Copper prices hold firm

Source: Stockcharts.com

Disclosure: author owns FCX

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By Dr. Duru

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