Sources raise concerns LME copper price ignores market realities, others disagree

The influence of macroeconomic factors on the copper price has become so pronounced that some market participants now see a disconnect between the London Metal Exchange price and market fundamentals, such as supply and demand.

Several sources raised concerns that the LME copper price is too focused on macro-factors and being led by financial players “games” rather than reality. However, other sources highlighted the importance...

Published

Albert Mackenzie

March 06, 2023

10:58 GMT

London