China’s slowing economy could spell the end of copper’s long price rise, combined as it is with rising supply of the metal.
Perhaps more than any other commodity, the red metal is emblematic of the decade-long supercycle in commodities prices driven by China’s spectacular growth. Even as other metals have wilted this year, copper prices have stayed high.
But a growing number of analysts and traders believe the days of copper’s decade-long scarcity could be coming to an end.
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