The price of copper on Wednesday returned to decline after a volatile start of the week, analysts note the supply factor as negative for quotations, according to trading data. As of 8.07 Moscow time, the cost of September copper futures on the Comex exchange decreased by 0.54% – to $ 4.236 per pound (about 0.45 kilograms). On Tuesday, copper rose 1.5%, on Monday – fell 2.8%. At the end of Tuesday on the London Metal Exchange (LME), the cost of a ton of copper for delivery in three months increased by 1.24% to $ 9336, aluminum – by 1.65% to $ 2465.5, zinc – decreased by 0.5 %, up to $ 2962 per ton. Global markets saw a global sell-off on Monday as traders averted risk amid coronavirus fears, which also curbed copper prices. After some correction, the quotes returned to decline, which analysts explain by supplies. “Copper prices fell in early Asian trading amid favorable conditions for the base metal,” the Wall Street Journal quoted Goldman Sachs analysts as saying. Experts note that the reduction in inventories, apparently, did not have a noticeable effect on the whole in the first half of the year. At the same time, analysts point out that there may be some deficit in the second half of the year against the backdrop of a recovery in demand. Source: PRIME