FlowBank

1057 days ago • Posted by William Ramstein

Retail traders losing faith in Dr. Copper ?

Non-commercial traders diminished their net position in copper from 40% to 15% of open interest. This could signal that speculators don't see copper's price rising further North. However, most analysts expect copper prices to remain in high demand in the coming years riding the EV wave.

Sourec: MacroMarketsDaily

#Commodities
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