US-China trade dispute key driver of copper price direction, ED&F Man exec says

Copper’s fundamentals mean prices should be higher but much depends on the outcome of the US-China trade dispute, according to an executive at ED&F Man Capital Markets.

Keith Gwozdz, vice president of metals at the LME brokerage firm, said that there are three potential outcomes when talks between the countries resume at the G20 summit of governments and central bank governors in Japan (June 28-29). He told the American Copper Council spring meeting in Seattle, the US, that no decision between the two global economic giants would see copper prices trading sideways, a continued escalation...


Andrea Hotter

May 22, 2019

17:23 GMT