RE:RE:RE:RE:RE:Coppers Longest Losing Streak Since 1998 on China ConcernThe main cause of lower copper prices. Would be the massive surplus that is expected to be produced this year. Global production of copper will outstrip use by 167,000 metric tons this year. In my opinion if this surplus continues then copper prices could drift down to around $2lb range. I'm not sure how this will change considering Nevsun is now a major copper producer and MIN is currently seeking funding for a massive copper project in Arizona.