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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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August 2019 | Base Metals


Base metals investment analysis: Comex copper speculative short at all-time high


The net short fund position in Comex copper is at an all-time high. But we still think that a reversion to the mean is likely to occur at some point in H2, given copper’s tight fundamentals.


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