Last night, New York copper futures reached a historic shortfall!

New York copper futures surged 5.5% in the intraday period, and the price of copper for Comex's July delivery jumped to an intraday high of $5.026 per pound, just one step away from the all-time high of $5.0395 set in the early days of the Russian-Ukrainian conflict in March 2022. Traders said that today's New Zealand copper is emptying like never before, causing copper cargo ships to be transported to the US. Traders with long positions on copper in July are expected to make a profit or roll it over to further contracts in the future to take advantage of huge futures discounts.

wallstreetcn07:17

New York copper futures hit a historic shortfall!

New Zealand copper is emptying like never before, prompting copper goods to be transported to the US.

Golden10 Data07:00

“Dr. Bronze” has soared to a new high in more than two years! The “overbought” alert has been sounded

Copper prices have soared 28% in the past 3 months and are now in the overbought region, and analysts are calling for caution.

Golden10 DataMay 14 17:46

Copper prices hit a two-year high, analysts warn they have entered the overbought region

The price of copper futures climbed to the highest closing price in more than two years, but after rising by about 28% in the past three months, some analysts warned that this industrial metal has entered the overbought region

Zhitong FinanceMay 14 06:00

Canaccord Genuity Sticks to Their Buy Rating for Ero Copper (ERO)

TipRanksMay 14 04:05

Ero Copper Corp. Price Target Raised to C$36.00/Share From C$34.00 by Canaccord Genuity

Ero Copper Corp. Price Target Raised to C$36.00/Share From C$34.00 by Canaccord Genuity

Dow JonesMay 14 00:17