Goldman Sachs The Markets

Why copper is hitting record highs

15 snips
May 24, 2024
Exploring the recent surge in copper prices to record highs and the factors behind it such as arbitrage trading and high demand from electrification needs. Analyzing the future outlook for copper prices and the evolving demand dynamics driven by electrification and global IP. Touching on supply challenges faced by mines and the importance of monitoring China's weekly inventory data for price stability.
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