Can Copper Prices Continue To Break Records? ...Middle East

OILPRICE - Economy
Can Copper Prices Continue To Break Records?
source : OILPRICE ( Middle East ) () 18
Copper was once again approaching the pivotal $10,000 a tonne level on Tuesday, jumping to over $4.50 a pound, or $9,940 a tonne in New York amid über bullish sentiment and renewed supply worries in the world’s top producing region. The rally in copper, which has more than doubled in price from its covid-lows, has been fuelled by a widely-held belief that demand for the bellwether metal will receive a massive boost, not just from post-pandemic economic stimulus, but also from a worldwide push for decarbonisation. Everything…

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