Down to the copper wire

With copper demand rising and supply shrinking, the price is on the up.

Copper is often considered a bellwether metal. Extensively used in construction, power generation, automobiles and consumer appliances, it is largely representative of the base metals complex and global manufacturing activity.

China now consumes over 40% of global production and will largely dictate the demand profile for the metal. Supply growth is constrained, which will support prices over time.

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