For the past year, copper traded like a seesaw on the on-again, off-again hopes of a US and China trade deal. Now it’s more like a rollercoaster ride down.
The focus is increasingly on the damage caused by the havoc of a trade dispute between the world’s two biggest economies. The broad applications for copper mean it’s particularly vulnerable to the synchronized tailspin being seen in everything from car-making and earth-moving equipment to commercial property and advanced electronic components.