SMM Copper Price Review Last Week
- out 30, 2023, at 4:10 pm
The copper futures prices rose during the week. The falling US dollar at the beginning of the week eased the pressure on copper futures. With the release of major domestic macroeconomic policy, copper contracts prices rebounded even as the US dollar returned to above 106. The dollar fell below 106 points at the beginning of the week amid Powell's dovish speech and the decline of the 10-year US Treasury bond from highs.
