Reported about 16 hours ago
Copper has reached an all-time high of $11,200 a ton in London, driven by supply disruptions from major mines and the potential easing of US-China trade tensions. The commodity has seen a significant increase of over 25% year-to-date, fueled by trade policies and inventory strains, prompting forecasts of severe deficits in the global market. Despite optimistic predictions for demand from renewable energy and electric vehicles, concerns remain about the ongoing trade war and its impact on future growth.
Source: YAHOO