Copper Surges On Demand, China
wall street news

In the 10-½ months since hitting their lows, copper prices have risen by over 70% to their highest levels since January 2013 (Figure 1). The strength in copper may come as a surprise given the pandemic’s dislocation of the world economy. Outside of China, economic output is smaller today in almost every major economy than it was at the end of 2019.

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