Trafigura Sees Potential $12,000 High For Copper ...Middle East

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Trafigura Sees Potential $12,000 High For Copper
source : OILPRICE ( Middle East ) () 41
Via Metal Miner It’s safe to say that the copper price index witnessed an interesting 2023 thus far. Indeed, the market’s been volatile, so there were more than the usual ups and downs. Mid-year, prices registered a major tumble because of the fumble in China’s economy. However, soon after, they began clawing back to a respectable level. Prices began over US $8,000 per metric ton, even touching a high of $9,356 per MT in January. But by the end of Q2, they dropped back to $8,315 per MT. Now, investment bank Goldman Sachs reports…

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