Coper Price Should Rise if Supply Side of the Equation is Considered

After failing to re-test April's high of 9944.75, LME copper reversed gains on Monday. The decline has accelerated since then as worries over global economic slowdown escalated. Indeed, copper has failed to trade above 10000 again since mid-February. There's a cocktail of reasons explaining the loss of glitter in the red gold: Chinese imports contracted, rising inventories, sluggish demand for physically-backed ETFs, weaker market sentiment amid debt problems in the US and the Eurozone. Yet, all of these concerns hinged only on the demand side of the equation.

Continued here:
Coper Price Should Rise if Supply Side of the Equation is Considered