๐Ÿ“‰ Copper price drops below $9,000 ๐Ÿ“Š๐Ÿค“This week the price of the metal dropped below $9,000 per ton.

๐Ÿ“‰ Copper price drops below $9,000 ๐Ÿ“Š๐Ÿค“This week the price of the metal dropped below $9,000 per ton.

๐Ÿ“‰ Copper price drops below $9,000

Despite the growing shortage of copper concentrate, the price of copper continues to decline. This week the price of the metal dropped below $9,000 per ton.

๐Ÿ’ต According to Commerzbank commodity market analyst Volkmar Bauer, the main reason for this drop is the strong US dollar (USD), which continues to put pressure on metal prices.

forex #analytics

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