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Extremely Tight Market Could Push Copper Prices To Record Highs

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Retail and professional investors expect copper to be the top-performing commodity this year, outperforming gold, corn, and crude oil, according to Bloomberg’s MLIV Pulse survey published on Monday. A total of 45% of retail investors and 36% of professional investors see copper as the best-performing commodity asset this year, compared to 26% of professional and 21% of retail investors who picked crude oil as most likely to be the top commodity performer in 2023.  Copper prices have strongly rebounded in recent weeks, thanks to the reopening…

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