The term Doctor Copper is market lingo for the copper’s ability to predict turning points in the global economy. Copper has many uses…from homes, electronics and transmission, etc., its used as a leading indicator of the economic. Rising copper prices imply demand or a growing global economy and declining copper prices imply lack of demand or a slowing global economy.
I read an article this past weekend talking about what I prefer to as the supply and demand equation for copper.
The global copper market is expected to witness an undersupply scenario ahead as the pace of new mine supply is expected
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