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05 Jan
15:23

COPPER: Energy transition to boost copper demand growth

Global energy transition is set to fuel “robust demand growth” for copper this year, with London Metal Exchange (LME) copper prices set to average $7,400/tonne, according to ING. Senior commodities strategies, Wenyu Yao, expect a “synchronised recovery” in copper demand from both China and other economies, as the world pivots towards a green recovery post-pandemic. “We are seeing some major economies gearing towards a greater share…
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