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Home / Metal News / 50% Copper Tube/Pipe Plants Bearish toward Copper Price

50% Copper Tube/Pipe Plants Bearish toward Copper Price

Dec 21, 2015 15:14

About 50% copper tube/pipe producers expect copper prices to fall, citing the bearish market.

SHANGHAI, Dec. 21 (SMM) - About 50% copper tube/pipe producers expect copper prices to fall, citing the bearish market, despite a slight recent uptick from positive news, SMM finds in a survey of 20 Chinese copper tube/pipe producers.

30% see copper prices fluctuate at current levels given muted trading at the year’s end.

The remaining 20% have no idea about copper price trends.

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Chinese copper tube/pipe producers

copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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