From the start of the new year, the price of copper is gradually beginning to slide down. Fear the risk of red metal has shrunk. The information of December till today (17/1/18) have reflected the progress the index. The reason for small risk comes from the wording of the company Jiangxi Copper Corp to increase quantities of 400,000 metric tons means in 2018.
From the recording of the index between December and January showed an upward trend. Up to the close of 2017 the pointer moved with great growth surpassing expectations in the previous three years. The value of more than 7000 dollars per tonne, such value is printed again in 2014.
At the start of the new year the red metal recorded a fall of around 47 dollars.
