Russia-Ukraine Crisis: MCX Copper Trend – Support and Resistance Levels
The copper price hit an all-time high on Friday.Copper stocks, at 69,825 tonnes, are the lowest since 2005.Russia isn’t a major copper player, producing about 3.5% of the world’s copper. Still, commodities extended their massive rally this week as the war fueled fears of supply crunches.Chile, responsible for more than a quarter of global copper production, recorded its… Read More »