Copper may be facing supply and demand issues but this unpredictability may lead the metal back to its eight-month high levels.
Representatives from China and the U.S. have resumed their trade talks and the effects of the negotiations are showing immediately on copper.
It's unclear if the bull market is ending, but negative gains were seen over the past week. Gold outperformed other stocks while crypto is outlining losses.
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Ivan Arriagada, Antofagasta's CEO, states that copper prices will remain volatile in the upcoming months because of global uncertainty.
Aside from the price drop, the industry is also affected by the trade war between the U.S. and China.
With an ongoing trade war between the United States and China, copper prices reported a 15 percent loss in the last five weeks.