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Concrete Floor Sealer,Concrete Sealing Hardener,Lithium Based Concrete Sealer,Concrete Densifier And Hardener Shanghai Na Long Tech Co., Ltd , https://www.na-long.com What's the current trend of copper prices? According to a recent survey, 80% of wire and cable companies believe that copper prices will continue to fluctuate in the short term, maintaining a volatile trend. These companies point out that the latest data on the U.S. real estate market and personal consumption expenditures have shown positive signs, which could support price stability. Additionally, the recent central economic conference in China highlighted the promotion of new urbanization, which is expected to provide some support for copper demand.
However, there are still concerns. The resolution of the U.S. fiscal cliff issue and the ongoing European debt crisis remain uncertain, creating a sense of caution in the market. Meanwhile, China’s domestic consumption continues to show signs of weakness, putting downward pressure on copper prices. As the Spring Festival approaches, market liquidity has tightened, and spot premiums have started to rise, indicating a significant drop in supply and demand ahead of the holiday.
On the other hand, the remaining 20% of companies find it difficult to predict the direction of copper prices, citing the unpredictable nature of global economic conditions and the impact of policy changes. Overall, the copper market remains highly sensitive to macroeconomic developments and regional economic performance, making it challenging for industry players to make long-term forecasts.