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Strategies & Market Trends : Ride the Tiger with CD
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From: Pianoman199710/13/2018 9:02:39 AM
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Copper LME inventories are down almost 17% since the beginning of October to about 166 000 tons. If inventory breaches 150 000 tons, it will be the lowest level since 2008. Copper producers remain quite beat up. Copper prices only started to recoup a little but are lagging. There is still a lot of fear that China will slow down imports because of tariffs but it is not happening. Car battery demand?
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