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- Hey Square fam! How many Alpha points have you racked up lately?
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Citi: Investors are seeking to buy after the copper price correction
On June 26, Jinshi Data, Citi Group analyst Jack Shang said at the SMM seminar in Hong Kong that even after the copper price fell, investors still hope to go long on copper from the perspective of commodities and stocks. Citi suggests going long on copper, and when the copper price falls to around $9,500 per ton, it will be a good buying opportunity. The London Metal Exchange (LME) copper contract is currently trading at around $9,600 per ton, having reached a record high above $11,000 last month.