Commodities market: Copper prices surge 35% this year — What led the rally?
Copper prices are soaring towards $12,000 a ton, fueled by booming AI data infrastructure demand and global supply worries. With a 35% surge this year, the metal's electrical properties make it vital for data centers, EVs, and clean energy. Despite rising inventories, a market deficit is projected, intensifying supply concerns and driving investor interest.
Copper prices are soaring towards $12,000 a ton, fueled by booming AI data infrastructure demand and global supply worries. With a 35% surge this year, the metal's electrical properties make it vital for data centers, EVs, and clean energy. Despite rising inventories, a market deficit is projected, intensifying supply concerns and driving investor interest. What's Your Reaction?
