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SC KS | Currently the July crude-copper spread is near historical levels (crude looks cheap vs copper). Copper has been really strong recently compared to lackluster price movement by crude. Typically crude and copper move in tandem with the economy. As the world continues to push the green movement, I expect the connection between these two might become less than what it has historically.
 (agtalk_2024_july_crude_copper_spread (full).png)
 (agtalk_2024_copper_monthly_nearby (full).png)
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 agtalk_2024_july_crude_copper_spread (full).png (123KB - 61 downloads)
agtalk_2024_copper_monthly_nearby (full).png (158KB - 59 downloads)
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Crude disconnect from Copper (July contract)
