Supply Shortages Could Provide Bullish Backdrop for Copper
July 25, 2024 at 09:39 AM EDT
The ongoing global electrification is spurring a demand for copper. But supply shortages could portend higher prices in the future. As such, this provides a bullish backdrop for the industrial metal. Per a Financial Times article, the largest players in this mining industry are predicting more collaboration with consumers as demand for the industrial metal [...] The post Supply Shortages Could Provide Bullish Backdrop for Copper appeared first on ETF Trends .