copper Archive

Imperfect competition in the copper markets?

[Skip to the end] Copper fell with the Master’s inventory liquidation but then bottomed about the same time crude did. While gasoline demand started recovering from its modest declines back then it is doubtful if the same has happened with copper, as construction has continued to decline since then. Market action feels ...Read More

Copper graph

[Skip to the end] Also looks like the great Mike Masters inventory liquidation of July 08 ran its course late in December? This was a massive, world wide inventory liquidation of just about everything, including housing and financial assets. [top] ...Read More