The Comex copper price softened during US morning trading on Friday February 8 with trading volumes reduced due to Lunar New Year.
The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped 0.45 cents to $2.8240 per lb. Yet the copper price has experienced short-covering so far this year, according to Fastmarkets MB research."While investors were excessively bearish at the end of last year due to growing...