Copper, often considered as a barometer of global economic health, is expected to see a significant rise in demand in the coming years due to its utility in renewable energy technologies, electric vehicles, and infrastructure projects tied to green initiatives. The demand for copper copper’s conductivity and durability make it indispensable for electrical systems, wind … Read more
Copper has declined by more than 17 percent from its lifetime highs. Tepid demand from China, surging inventories in warehouses, and a strong US dollar have contributed to the bearish sentiment in prices. Copper inventory levels at different warehouses have reached multi-year highs. Latest London Metal Exchange (LME) data show that inventories in the LME-registered … Read more
A broad advance in industrial metals took domestic copper prices to record levels last week. A firm overseas market due to fresh Chinese stimulus measures, concerns over tightness in global mine supply, and hopes of strong green demand boosted prices. In the key domestic MCX futures, prices of copper are hovering near Rs 900 a … Read more
