Collective concern about what exactly is happening In the world's second-largest economy is roiling all parts of the financial universe. But industrial metals, which first felt the chill winds from China, may offer some light in the current gloom and doom. Few saw the January bear raid on copper coming. Sure, copper prices had been trending lower for four years from their peak above $10,000 per tonne in early 2011. But the narrative was all about supply, as the worlds copper miners gradually lifted output after years of collective under-performance and lack of investment in new capacity.
展开▼
