COPPER COLLEGE: Outlook murky in bearish copper market - analyst

摘要

The copper industry's currently bearish environment can be chalked up to five factors, according to one analyst, pointing to a drop in manufacturing growth from its peak at the end of 2017, increased interest rates globally, a stronger dollar, the perception of a loose market and the United States' introduction of Section 232 steel and aluminium.These factors - combined with the lack of supply disruptions - have impacted copper and clouded the market, leaving copper industry participants in a precarious environment.