Copper’s Demand Dynamics

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Copper’s Demand Dynamics

By Erik Norland, Senior Economist, CME Group

China’s Economic Rebound Lifted Copper

  • ​​​Copper prices have more than doubled even as global economy waned.
  • China’s economic rebound has been pivotal to surge in copper prices.
  • Demand for manufactured goods rose amid service-sector lockdown.
  • Could reopening of service sector blunt the copper market’s rally?
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