Barclays: Copper Price to Fall in Back Half of 2017 on China Reason-Shanghai Metals Market

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

Industry News 10:30:08AM Jun 20, 2017 Source:SMM

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

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

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

Industry News 10:30:08AM Jun 20, 2017 Source:SMM

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

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.