Copper surges, but more to come

RED-HOT copper prices surged 22% in the September quarter – well above pandemic levels – for its highest quarterly increase since mid-2009.

Copper surges, but more to come Copper surges, but more to come Copper surges, but more to come Copper surges, but more to come Copper surges, but more to come

Scotiabank analyst Orest Wowkodaw

By late October prices were at 28-month highs, stockhead.com reports.
 
Why? Stronger-than-expected demand from China, a lack of recycled scrap, and major pandemic-induced supply disruptions.

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