Copper futures recently fell below $2 per lb for the first time since 2009. In today’s episode of Futures Measures, Pete looks at what’s been moving the price of copper.
Demand is the typical focus of copper pricing but today Pete takes a look at the other side of the equation: the supply side. Pete looks at the economic factors of mining copper and how it is heavily determined by input costs.
Pete finishes the segment by looking at the correlations between copper and crude oil to create a pairs trade.