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Copper Futures - May 24 (HGK4)

Real-time capital.com
Currency in USD
Disclaimer
4.4213
-0.0097(-0.22%)
Real-time Data

Copper Futures Discussions

https://www.home.saxo/content/articles/commodities/copper-jumps-on-renewed-decarbonization-focus-15042021
"The green transformation remains the key source of increased demand as usage in EV’s and renewable energy-energy projects such as solar and wind surges. At the center of the forecast is a warning from both Goldman’s and Trafigura Group that the market will be ‘drastically’ short of copper in the next few years unless prices rise sharply to spur supply. High start up capex and the 5 to 10 year period from investment decision to production could create a prolonged period of mismatch between surging demand and inelastic supply."
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