The previous copper record was set in 2011, around the peak of the commodities supercycle sparked by China’s rise to economic heavyweight status — fueled by massive amounts of raw materials. This time, investors are betting that copper’s vital role in the world’s shift to green energy will mean surging demand and even higher prices.
from Commodities-Markets-Economic Times
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Saturday 8 May 2021
Copper just smashed past a record. Here’s what you need to know
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