CNBC: Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton, analysts say
This inflation does not look transitory.
Copper is 'the new oil' and low inventories could push it to $20,000 per ton, analysts say
The world risks "running out of copper" amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025.
Read in CNBC: https://apple.news/AS79r42ohSw2WwJw-vmN9jQ
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