Copper market report May 2011
2011-06-20 18:36:06 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Copper prices in London and Shanghai decreased firstly and then rebounded in May under the pressure of debt problems in Europe and unfavorable economic data. Copper prices fluctuated widely, and suppliers were not eager to liquidate stocks. In this case, the spot premium stayed high. However, most participants believe that the price rally lacks support, and copper prices may not go up further in June on the shrinking demand.
