Copper hits all

1 sources

Times of India (IN)37h ago

Center

Copper hits all

MUMBAI: Copper and crude oil, two important industrial raw materials for several industries, are on a tear. According to notes from Vedanta and ICICI Securities, a combination of factors like tightening mine supply, especially from Chile, shifting global trade flows amid potential US tariffs on refined copper, and accelerating demand from electrification, renewable energy, power infrastructure and AI are behind the recent rally in copper prices.

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Copper hits all

1 sources

Times of India (IN)37h ago

Center

Copper hits all

MUMBAI: Copper and crude oil, two important industrial raw materials for several industries, are on a tear. According to notes from Vedanta and ICICI Securities, a combination of factors like tightening mine supply, especially from Chile, shifting global trade flows amid potential US tariffs on refined copper, and accelerating demand from electrification, renewable energy, power infrastructure and AI are behind the recent rally in copper prices.

Original