Barclays: Copper Price to Fall in Back Half of 2017 on China Reason

Published: Jun 20, 2017 10:30

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Barclays lowered its forecast for copper prices in the second half of 2017, according to wenhua.com.

SHANGHAI, Jun. 20 (SMM) - Barclays lowered its forecast for copper prices in the second half of 2017, according to wenhua.com.

Copper prices may fall to $2.50 per pound in the second half of this year due to slower demand, which is a result of tightening credit in China.

NBS: China Copper Output Posts Drastic Growth in May

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