Copper Prices Rebound StronglyPosted: July 1, 2011
The strong rally in the stock market has included a strong rebound in copper prices. In “Copper Supply Squeeze Coming, Prices to Jump: Analyst“, CNBC notes that copper prices have reached a two-month high on the London Metal Exchange. Supplies are also likely to tighten as production from aging mines starts falling.
Disclosure: author owns FCX