Tuesday, May 10, 2011

Opportunity Copper ?

The copper price decreased sharply along with other commodities in the last weeks.How much cheaper the copper will become with currently increasing demand and limited supply?
The stock-holding of copper in Shanghai decreased in the last week by 4.1% and around 30% since March.Of course the price could fall even further but in the long therm....
Copper options are among the most risk-free invests within the commodity market through its steady upwards trend and the break in prices could come to an end soon.
A 2 year weekly price chart of Copper High Grade(HG,Comex):

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