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Copper market outlook skews toward gradual rise in prices
George L Walker of Boston notes domestic consumption rising as heavy exports persist and foreign supply grows. He cites London fluctuations, sparse selling, and potential 1-2 cent gains, urging purchases in stocks like Allouez and Lake Superior while predicting a broader rally over 6-12 months amid improving world demand.
MENTIONED IN THIS ARTICLE
George L Walker
Boston
Europe
Great Britain
Germany
England
New York
Greene-Cananea
Lake
North Lake
Superior
Amalgamated
London
Lake Superior
Butte
Utah
Arizona
Allouez
Adventure
Arizona Commercial
Butte Coalition
Calumet & Arizona
Centennial
Copper Range
Cumberland Fly
Chino
East Butte
Franklin
Giroux
Helvetia
Indiana
Inspiration
Mass
Miami
Nevada Consolidated
North Butte
Old Dominion
Parrot
Quincy
Bay Consolidated
Shannon
Tennessee
Utah Consolidated
Utah Copper