
Mike McGlone|Apr 01, 2025 10:48
Copper's Typical Companions Point Downward - At about 5 on March 31, CME-traded #copper's month-end price is a record, but could face a similar fate as the previous high at 4.75 from March 2022. About 3.40 was the month-end a few months later in October 2022, which has marked the low since.
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/su1aq9t0g1kx {BI COMD}
#commodities #metals @BBGIntelligence
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