Prices in the Copper Market to Decrease in 2014-2015
CHEMMONITOR.COM - Prices for copper are likely to be pushed lower in 2014 due to expected oversupply in the market. Low copper costs are limiting forces for output more than a means of constraining consumption. In early 2013, the prices for copper almost reached the bottom in the line with enhancing reserves. However, since early summer prices have begun to rise gradually due to the restocking in the Chinese copper market. In 2013, the market for copper is on a downward trajectory, but the situation is likely to change.