Copper's hot run tipped to last given tight market
Factors such as supply crunch, output disruptions and renewed green impetus are powering up its rush
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Singapore
A SUPPLY crunch for copper on the back of an economic rebound - which this time is not only about China but the rest of the world - and output disruptions, alongside massive under-investment in new mines, have turned the red metal into a hot favourite among industrial metals.
Myriad factors from the US stimulus, an encouraging pace of vaccine roll-out, a renewed green impetus and the weaker US dollar are also powering up the copper rush.
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