Copper in the last couple of months has done great on charts, surging from a low of $8800 to almost $10000 a ton. Prices are holding at 2-year highs as Markets anticipate a deficit in copper supplies in 2024. Prices have gained 12% in the past month and are up 25% since October 2023. Copper is a great investment story! It has supply-side challenges, concentrate tightness and restocking effect after a long manufacturing slowdown. But will this bull run continue? Watch to know more.
first published: Apr 26, 2024 01:56 pm
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