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 like the producers got together and decided to cut back on supply.
Political leaders who understood markets would be looking into it.
Investors who recognize the economic value of oligopoly collusion might also look into it.
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