Copper price soars!
Since the beginning of this week, the international copper price has soared to an all-time high, and the optimism about the rebound of the global epidemic has stimulated
the sharp rise of the commodity market.In Chile, the world's largest producer of copper, a substantial tax increase is likely to cut future copper production and accelerate copper's rise.
As the wind vane of the economy, copper is the front and center of the rebound that pushes the prices of raw materials such as wood and iron ore to multi-year highs or record highs.
Economic stimulus measures in many countries around the world.
And the promotion and injection of vaccines have promoted the prospect of recovery of demand, which will bring pressure on supply.
The key role of copper in the green energy transformation will also support long-term growth.