…LME warehouse copper, 60 days chart and five year chart.
The 30 day chart shows that this week there has been a bit of let-up in the relentless destocking of the LME warehouses this week, perhaps signalling slackening demand.
But by looking at the 5 year chart I’d say that it’s way too early to draw any conclusions about that tiny little blip on the far right of the line.
DYODD.