Normal
The Panamanian situation has certainly hit First Quantum hard ($28 to 9.7) but doesn't seem to have influenced the POC.The slow restocking in China is probably holding the price down. I'd like to see it get above $4.00 and stay there for a while (currently $3.77).If the price falls lower I'll use it to increase holdings in my copper miners as I've sold some to grab some profit from the prior price rally.
The Panamanian situation has certainly hit First Quantum hard ($28 to 9.7) but doesn't seem to have influenced the POC.
The slow restocking in China is probably holding the price down. I'd like to see it get above $4.00 and stay there for a while (currently $3.77).
If the price falls lower I'll use it to increase holdings in my copper miners as I've sold some to grab some profit from the prior price rally.
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