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Yesterday it was Goldman Sachs, today it's JPMorgan hawking the prospects for copper. "Demand is...

May 25, 2011 8:51 AM ETFreeport-McMoRan Inc. (FCX) StockFCX, SCCO, BHP, JJCTF, VALE, CU, COPX, RIOBy: Stephen Alpher, SA News Editor5 Comments
Yesterday it was Goldman Sachs, today it's JPMorgan hawking the prospects for copper. "Demand is stronger than production," says the head of its global commodities group. Another bullish analyst notes inventories look to be rolling over, a bullish signal for the metal.  JJC +1.5%, FCX +0.9% premarket.

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