Barclays Expects Copper Prices to Severely Soften in Late 2017-Shanghai Metals Market

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Barclays Expects Copper Prices to Severely Soften in Late 2017

Industry News 10:25:26AM Aug 23, 2017 Source:SMM

SHANGHAI, Aug. 23 (SMM) – Copper prices have overreacted to short-term factors and neglected several warning signals, Barclays said. 

Citi and Societe Generale Express Divergent Views over Base Metals Price Outlook

Investors should be alert that copper prices might severely soften at the end of 2017 since demand may slow down, Barclays added.

Industry Insiders Bullish over Base Metals in H2 2017

Rise in copper prices usually means economic recovery, but we did not see such strong economic recovery, Royal Bank of Canada said.   

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 Expects Copper Prices to Severely Soften in Late 2017

Industry News 10:25:26AM Aug 23, 2017 Source:SMM

SHANGHAI, Aug. 23 (SMM) – Copper prices have overreacted to short-term factors and neglected several warning signals, Barclays said. 

Citi and Societe Generale Express Divergent Views over Base Metals Price Outlook

Investors should be alert that copper prices might severely soften at the end of 2017 since demand may slow down, Barclays added.

Industry Insiders Bullish over Base Metals in H2 2017

Rise in copper prices usually means economic recovery, but we did not see such strong economic recovery, Royal Bank of Canada said.   

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.