Currently viewing Global edition

Goodbye US$3/lb copper

Barclays has picked a fall in the copper price after Chinese inventories have grown strongly in recent weeks. 

Goodbye US$3/lb copper Goodbye US$3/lb copper Goodbye US$3/lb copper Goodbye US$3/lb copper Goodbye US$3/lb copper

Copper could soon cost you less

Copper has been above US$3 per pound ($6,614 per tonne) for a month after earlier reaching that level in August and September, but the high prices have not kept Chinese buyers from restocking,