Home Page : Archive News : May 2021 News : Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton, analysts say | |
Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton, analysts say | |
May 06, 2021 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. Source: https://www.cnbc.com/2021/05/06/copper-is-the-new-oil-and-could-hit-20000-per-ton-analysts-say.html |