Jan 16, 2023
The industrial metal copper is often referred to as Dr Copper as its price has been historically a good indication of overall economic health. The body temperature of global business activity is on the rise again with a 25% increase of the price of copper over the last 6 months. The reopening of China after the COVID restrictions is an important factor. Early timid indications of peaking inflation and the structural transition to greener energies requiring more electrification are important as well. It is not all dark out there for the moment.