BASE METALS

Copper falls from record highs but remains hot

Copper, one of the commodities benefiting from the world’s shift to low emissions technologies, saw prices reach an all-time high in May of this year, but the market has since cooled and—while retaining much of 2020’s gains—analysts are tipping an ease in prices next year.

Nathan Richardson
Copper falls from record highs but remains hot

"We are not in the copper supercycle camp and did not believe the price rally to record levels in May was sustainable because we do not see a dramatic shift in the supply and demand over the next two-to-three...

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