Panic short-covering ignites Comex copper as shipments fail to arrive

July 6, 2024

From Mining.com

Comex copper futures surged on Friday as some players bought back bearish, or short, positions to reduce their exposure due to expected shipments of copper failing to arrive in the United States, traders and analysts said.

Legal Notice / Disclaimer

Ahead of the Herd newsletter, aheadoftheherd.com, hereafter known as AOTH.
Please read the entire Disclaimer carefully before you use this website or read the newsletter. If you do not agree to all the AOTH/Richard Mills Disclaimer, do not access/read this website/newsletter/article, or any of its pages. By reading/using this AOTH/Richard Mills website/newsletter/article, and whether you actually read this Disclaimer, you are deemed to have accepted it.

Share Your Insights and Join the Conversation!

When participating in the comments section, please be considerate and respectful to others. Share your insights and opinions thoughtfully, avoiding personal attacks or offensive language. Strive to provide accurate and reliable information by double-checking facts before posting. Constructive discussions help everyone learn and make better decisions. Thank you for contributing positively to our community!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Name *

Email *

Comment

October 4, 2024

2024 exploration program for renamed Sierra Azul Copper-Silver Project, funded by Freeport-McMoRan Exploration Corporation – Richard Mills

August 2, 2024

Panic short-covering ignites Comex copper as shipments fail to arrive

Legal Notice / Disclaimer

Share Your Insights and Join the Conversation!

Related posts