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Freeport-McMoRan’s Divergence from Copper Prices: What’s Next?

Mark O'Hara
Freeport-McMoRan’s Divergence from Copper Prices: What’s Next?

So far in this series, we’ve noted that copper’s near-term outlook looks cloudy due to the US-China trade war. However, copper prices have found some sort of support near the price level of $6,000 per metric ton.