Copper Futures: Rebound long overdue

CME Group’s flash prints for Copper futures markets showed both open interest and volume receded by 2.3K contracts and by around 2.8K contracts, respectively, on Monday.

Copper rebounds from multi-year lows

Copper futures prices dropped to levels last seen in November 2016 around 2.33 on Monday. The leg lower was amidst declining open interest and volume, which should leave a potential rebound on the table in the near-term.