Copper Chain

MCX Copper Price Forecast – Critical Levels 768, If Close Target 800+

MCX Copper Price Forecast: Growth is likely to be relatively slow due to muted global demand. Is the world copper market in deficit or surplus? This has been a multi-million dollar question agitating investors and market participants of this prized industrial metal for some time now, especially given the metal’s stellar price performance in recent months.

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Copper price

Copper price reaction to Chilean copper strike | Neal Bhai

Copper supply and production costs: Copper price mining is primarily focused within South America which can have a large bearing on the price of copper. Shortage of supply, quality of copper and the variations in production costs can all have resultant impacts on price. This leads on to country specific risk which can affect supply due to political instability or work related issues.

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