Are Copper Prices Poised To Climb Higher In 2023? ...Middle East

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Are Copper Prices Poised To Climb Higher In 2023?
source : OILPRICE ( Middle East ) () 25
Via AG Metal Miner The Copper Monthly Metals Index (MMI) rose 3.87% from November to December. As with other base metals, copper prices broke out of range to the upside last month as China began to pivot away from zero-COVID. Copper prices rallied to a peak on November 11 before a brief and modest retracement. Shortly after that, prices resumed their ascent. By December 8, copper prices had established a new higher high.  CPI Data Sparks Optimism, Fed Slows Rate Hikes According to the Bureau of Labor Statistics, the November Consumer Price…

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