Copper still has room to run: Citi

CITI analysts have upgraded their outlook for copper, based on the latest London Metal Exchange positioning data.

Copper still has room to run: Citi Copper still has room to run: Citi Copper still has room to run: Citi Copper still has room to run: Citi Copper still has room to run: Citi

Analysts said the data surprised and showed that the bulk of this month's rally in copper prices was associated with fresh long positions, as opposed to substantive short covering.

topics

loader