MB ASIA COPPER CONF: Copper price will fall to $3,850 in 2016 – Ed Meir

Copper prices will continue to be weighed down by market participants' refusal to cut production, said Ed Meir, independent commodity consultant at INTL FCStone Financial.

“We have been very cautious on copper prices for a while. China drove buying spirit in the past few years, but we are seeing a gradual unwinding in many of commodities – not only copper – because basically production has not been cut fast enough and demand is falling dramatically,” Meir said at the Metal Bulletin Asia...

Published

Kiki Kang

November 20, 2015

09:55 GMT

Shanghai