Is Copper Heading to $15,000? ...Middle East

OILPRICE - Economy
Is Copper Heading to $15,000?
source : OILPRICE ( Middle East ) () 50
Via Metal Miner It took about 24 months for the price of copper to reach the psychological mark of U.S. $10,000 per metric ton. Three-month copper futures on the London Metal Exchange (LME) touched the $10k mark last week. The last time copper crossed this threshold was in March 2022, when it reached $10,845 per ton in the wake of Russia’s invasion of Ukraine. Many copper experts currently predict a continued uptick in the base metal’s price in the upcoming months, but for the wrong reasons. Be sure to stay ahead of the rising price…

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