2 Days
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الاقتصادية
Afaaq Offers Copper Investment Opportunities
The article discusses the state of the global copper market, where speculation remains strong despite the slowdown in the rally that pushed prices to record levels in January. It notes that investors, both institutional and individual, continue to build long positions in major and mini copper contracts, with considerable interest in the options market, which reflects optimistic expectations among investors regarding future price increases. Despite these market movements, some funds remain cautious, particularly in the London Metal Exchange, where strategies heavily rely on momentum. Analysts expect prices to continue rising, with high stakes placed on broad options contracts—with strike prices reaching up to $25,000 per ton—amid growing investor interest in copper as an indicator of the global economy.
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