Barclays Expects Copper Prices to Severely Soften in Late 2017

Published: Aug 23, 2017 10:25

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Copper prices have overreacted to short-term factors and neglected several warning signals, Barclays said.

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.

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