TRADE COPPER TO GAIN PROFIT

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"TRADING"- Chinese demand of Copper Scrap are on low edge in the first half.  Expectation is that there will be an increase in demand of Copper in the second half of the financial year 2015. This can happen only if the Chinese Government is coming up with some stimulus package to business community. The demand prediction of Copper in Chinese market will be 5.7% lesser than the expected 6.3% respectively. 

 

 

 


Till July, the "TRADING" prices of copper will be dragging low and from August it seems that it will be moving higher. Invest in copper scraps when the market is low and reap profit out of it. The total demand for Copper in the second half is considered to be 9.2 million tones, far below the expected demand of 9.3 million tones. Copper in warehouses are offered at premium of $50/$60 above London Metal Prices, lowest since first quarter of 2013.






This "TRADING" scenario happened due to metal scams, which has occurred in Chinese market. Banks are still keeping the tight policies with the metal traders and still Government has to rethink fast to keep the market moving. If Copper goes down means, metals like Zinc, Lead, Cadmium, etc will be showing a decelerating path.

Location: China

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