Having watched metals markets on and off, over the years, a price rise is commonly preceded by falling warehouse stocks. This is the case for all base metals, on both LME and COMEX. So it looks like recent moves are speculator driven not by fundamental market supply and demand. Industrial byers are buying more metal. Tariff wars or not, his indicates real demand has been unaffected.
Copper bottomed? Going to run?, page-2
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.5¢ |
Change
-0.020(4.40%) |
Mkt cap ! $398.7M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.8¢ | 43.0¢ | $1.862M | 4.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76054 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 9761 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |
