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

Anita Gabriel

Published Fri, Feb 19, 2021 · 05:50 AM

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.

And this: "It is also worth noting that the multi-year US macro mantra of …