Copper and other base metals are sliding as the market recalibrates expectations around demand from China, the world's largest buyer. After reaching record highs, prices are now facing headwinds as investors reassess how much consumption destruction we could see in the months ahead. It's a classic case of peak pricing meeting reality checks.
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PoolJumper
· 14h ago
Copper prices have been a roller coaster this time. China's demand collapsed as soon as it softened.
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SatoshiLeftOnRead
· 14h ago
When China's demand weakens, copper prices have to fall. I've seen this trick too many times.
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AirdropFatigue
· 15h ago
When China's demand loosens, copper prices plummet. This wave indeed came unexpectedly fast...
Copper and other base metals are sliding as the market recalibrates expectations around demand from China, the world's largest buyer. After reaching record highs, prices are now facing headwinds as investors reassess how much consumption destruction we could see in the months ahead. It's a classic case of peak pricing meeting reality checks.