Extremely Tight Market Could Push Copper Prices To Record Highs
A total of 45% of retail investors and 36% of professional investors see copper as the best-performing commodity asset this year, compared to 26% of professional and 21% of retail investors who picked crude oil as most likely to be the top commodity performer in 2023.
Copper prices have strongly rebounded in recent weeks, thanks to the reopening in China, which is expected to spur additional demand, and to the long-term bullishness of the market for metals necessary for the energy transition.
https://www.zerohedge.com/commodities/extremely-tight-market-could-push-copper-prices-record-highs