The LME has about 4 days of annual supply left and with low prices continues to drop quickly. What do they say - 'There's no better cure for low prices than low prices'. The largest challenge is understanding how much financed copper remains in China unspoken for. The fed have to raise but much of US rate expectations should be prepositioned by now notwithstanding the obligatory short term dummy spit from markets.
cancer in commodities, page-30
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$10.34 |
Change
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Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.42 | $10.52 | $10.34 | $3.653M | 350.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 976 | $10.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.35 | 8141 | 27 |
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| SFR (ASX) Chart |
