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Copper futures contract analysts expect copper futures contract

Model: NS-40F401NA26
SKU: 6614066
$238.00
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Analysts expect copper futures contract demand to gain traction ahead of summer peak construction season globally, with emerging economies increasing procurement to lock in favorable prices. In September, increasing OPEC+ production and U.S. energy policy supporting more fossil fuel production led WTI and Brent futures prices being slightly lower. However, continued geopolitical tensions tempered the bearish sentiment in the crude oil futures market. Copper prices climbed this week as a softer dollar and signs of tighter global supplies drew in investors, while traders also kept an eye on upcoming US economic data. The copper futures contract market saw volatility rise to 18.6% annualized this week after mixed macroeconomic signals from the U.S., making risk management critical for short-term traders.