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iPath Bloomberg Copper Subindex Total Return Sub-Index ETN
Copper is the commodity that is the leader of the nonferrous group of metals that trade on the London Metals Exchange. The LME is a forward market that serves as the hedging center for producers and consumers of the industrial commodities around the world.
The price of copper has suffered under the weight of the trade war between the US and China. China is the demand side of the equation for the copper market, as it is an essential raw material for building infrastructure. The latest GDP data from China showed that the economy grew