The Comex copper price staged a modest rebound in US morning trading on Tuesday April 16 with the market waiting for a new catalyst to sustain solid price direction.
The copper price for May settlement on the Comex division of the New York Mercantile Exchange rebounded 0.35 cents to $2.9385 per lb. The contract has been unable to set solid price momentum over the past few weeks with prices rising and falling day by day. "The metal is clearly struggling against strong...